Equitas Small Finance Bank Q1 Update: Gross advances up 9%, net slippages rise to 4.35%
Published on 04/07/2025 10:47 PM
Equitas Small Finance Bank Q1 Update: Gross advances up 9%, net slippages rise to 4.35%The bank’s CASA deposits rose to ₹13,053 crore, reflecting growth of 5.18% quarter-on-quarter and 11.33% year-on-year, with the CASA ratio stable at 29%. Cost of funds for the quarter stood at 7.49%, slightly down from 7.54% in the previous quarter. Shares of Equitas Small Finance Bank Ltd ended at ₹68.00, down by ₹0.16, or 0.23%, on the BSE.By Jomy Jos Pullokaran July 4, 2025, 10:47:15 PM IST (Updated)2 Min ReadPrivate sector lender, Equitas Small Finance Bank, on Friday (July 4), reported provisional gross advances of ₹38,034 crore for the quarter ended June 30, 2025, a marginal sequential increase of 0.13% and a 9.07% rise year-on-year. Total deposits stood at ₹44,379 crore, up 2.95% quarter-on-quarter and 18.27% year-on-year.
The bank’s CASA deposits rose to ₹13,053 crore, reflecting growth of 5.18% quarter-on-quarter and 11.33% year-on-year, with the CASA ratio stable at 29%. Cost of funds for the quarter stood at 7.49%, slightly down from 7.54% in the previous quarter.
Microfinance and micro-loans continued to decline, falling 13.49% QoQ and 34.44% year-on-year to ₹3,916 crore. Non-microfinance and micro-loans grew 1.97% sequentially and 18.06% annually to ₹34,118 crore.
Also Read: Equitas Small Finance Bank total deposits jump but CASA declines
Asset quality weakened, with annualised net slippage rising to 4.35% in Q1FY26 from 3.16% in Q4FY25. Net slippage in microfinance spiked to 19.75%, while the non-microfinance segment saw slippage of 2.27%. The bank's overall X-bucket collection efficiency in microfinance and micro-loans remained steady at 97.97% for the quarter.
Tamil Nadu posted 98.13% collection efficiency, Karnataka improved to 94.62%, and the rest of the country recorded 98.71%. As of 30 June 2025, unsecured microfinance and micro-loans accounted for 10% of total advances, while all other loans remained secured at 90%.
Shares of Equitas Small Finance Bank Ltd ended at ₹68.00, down by ₹0.16, or 0.23%, on the BSE.
Also Read: Equitas, Ujjivan Small Finance Bank shares gain up to 4% on easier priority sector lending normsContinue ReadingFirst Published: Jul 4, 2025 10:46 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsEquitas Small Finance Bankshare market today