Equitas Small Finance Bank Ltd.

Equitas Small Finance Bank’s total deposits grew 34% to Rs 25,381 crore (Provisional) as of March 31, 2023 (Q4FY23), as compared to Rs 18,951 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 23,393 crore as of December 2022.

Gross Advances stood at Rs 28,061 crore (Provisional) as of March 31, 2023, posting a 36% rise in year-on-year (YoY) terms against Rs 20,597 crore as of March 31, 2022 and on quarter-on-quarter (QoQ) basis stood at Rs 24,915 crore in December 2022. The CASA was up 9% to Rs 10,732 crore as of March 31, 2023 (Provisional) against Rs 9,855 crore YoY. CASA ratio reached 42% (Q4FY23) from 46% (Q3FY23).

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.