Equitas Small Finance Bank’s deposits grew 13% to Rs 17,884 crore as of December 31, 2021(Q3FY22), as compared to Rs 15,862 crore on a yearly basis. On a quarterly basis, the deposits were marginally down from Rs 18,094 crore as of September 2021.
Gross Advance stood at Rs 19,642 crore as of December 31, 2021, posting a 13% rise in year-on-year (YoY) terms against Rs 17,373 crore as of December 31, 2020 and in quarter-on-quarter (QoQ) basis stood at Rs 18,978 crore in September 2021.
The Bank’s CASA ratio stood at 50.80% as of December 31, 2021, as compared to 25% as of December 31, 2020 and 45.30% as of September 30, 2021. The Bank’s CASA deposits stood at Rs 9,085 crore as of December 31, 2021 as compared to Rs 3,967 crore as of December 31, 2020 and a growth of 11% to Rs 8,200 crore as of September 30, 2021.
Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.
