Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Equitas Small Finance Bank Limited has informed the exchange regarding the publication of Newspaper Advertisement with respect to NCLT convened General Meetings of the Unsecured Creditors and Members scheduled to be held on September 06, 2022 and that of the Depositors holding deposits above Rs.3 lakhs of the Bank to be held on September 07, 2022. Equitas Small Finance Bank Ltd - 543243 - Notice Of The National Company Law Tribunal (NCLT) Convened Meeting, To Be Held On September 06 & September 07, 2022.
Notice of the Meeting of the Unsecured Creditors / Shareholders / Depositors being convened pursuant to the Order of the Hon''ble National Company Law Tribunal, Division Bench II, Chennai dated July 22, 2022, in the matter of Scheme of Amalgamation between Equitas Holdings Limited (EHL) and Equitas Small Finance Bank Limited (ESFBL) and their respective shareholders. Equitas Small Finance Bank Ltd - 543243 - Transcript Of The Earnings Call
Equitas Small Finance Bank Limited has informed the exchange regarding the the transcript of the earnings call has been made available at the website of the Bank
Results Earnings Call for Q1FY23 of Equitas Small Finance Bank
Conference Call with Equitas Small Finance Bank Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript. Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Equitas Small Finance Bank Limited has informed the exchanges regarding the earnings call held on July 29, 2022. Q1FY23 Quarterly Result Announced for Equitas Small Finance Bank Ltd.
Equitas Small Finance Bank Announced Q1FY23 Result : PAT for the quarter at Rs 97 Cr compared to Q1FY22 PAT of Rs 12 Crs Gross Advances as of Q1FY23 was at Rs. 21,688 Cr, growth of 22% YoY Q1FY23 disbursement at Rs. 3,238 Crs, growth of 156% YoY PPoP as a % of assets expanded to 3.87% from 2.65% in Q1FY22 Cost of funds improved to 6.20% from 6.93% in Q1FY22, improvement of 73bps CASA Deposit grew 55% YoY to Rs. 10,548 Crs. CASA Ratio stood at 51.74% as of June 2022 Retail Term Deposits grew 14% YoY and contribute 72% of total term deposits GNPA down to 3.95% from 4.06% in Q4FY22, PCR improves to 48.46% from 42.73% sequentially Credit growth continues to be healthy: Q1FY23 disbursement at Rs. 3,238 Crs, strong growth of 156% YoY on account of a low base due to Covid led lockdowns Advances as of Q1FY23 was at Rs. 21,688 Cr, growth of 22% YoY Yields stable at 17.15% on a sequential basis Liabilities :Strong retail deposit momentum: Cost of funds stable at 6.20%, on a YoY basis CoF improved by 73bps CASA deposit grew 55% YoY to Rs. 10,548 Crs. CASA ratio stood at 52% as of June 2022 Retail Term Deposits grew 14% YoY to Rs. 7,083 Crs. Retail Term Deposits contribute 72% of total term deposits. Elite SA book crossed Rs. 8,000 Crs with 70,000+ Customers o NR Book crossed Rs. 1,000 Crs Key Ratios: Cost to Income at 60.60% in Q1FY23 as compared to 56.85% in Q4FY22 as compared and 68.47% in Q1FY22 RoA and RoE for Q1FY23 at 1.40% and 9.03% Capital: As of June 30, 2022 Total CRAR at 24.62% | Tier I at 24.07% and Tier II at 0.55% Treasury & Liquidity: The Bank’s Certificate of Deposit (CD) program for Rs. 500 Crore has highest rating from at CRISIL A1+ The Bank maintains ‘surplus’ liquidity in the form of High Quality Liquid Assets (HQLA). Liquidity Coverage Ratio (LCR) as on 30.06.2022 is 211% Profit & Loss: Net Interest Income for Q1FY23 at Rs. 581 Cr as against Rs. 461 Cr in Q1FY22. NIM at 9.05% Pre Provisioning Operating Profit (PPoP) for Q1FY23 at Rs. 269 Cr as against Rs. 164 Cr in Q1FY22 PAT for Q1FY23 at Rs. 97 cr as against Rs. 12 Cr in Q1FY22 Asset Quality, Provisions & Restructuring: GNPA at 3.95% in Q1FY23 as compared to 4.06% in Q4FY22 and 4.58% in Q1FY22 NNPA at 2.07% in Q1FY23 as compared to 2.37% in Q4FY22 and 2.29% in Q1FY22 Provision coverage ratio improves to 48.46% The Bank during the quarter has made higher provisions of Rs. 76 Cr towards the restructured loans which became NPA during Covid Commenting on the quarterly performance, Mr. P N Vasudevan, Managing Director and CEO of Equitas Small Finance Bank said: “The first quarter has been a strong quarter unlike normal, where first quarters tends to be slow. The advances grew strongly by 22% and expected to improve further over the rest of the year. Our deposits growth continues to be strong, with CASA coming in at over 50% and retail deposits being about 72% of total deposits. Our digital foray is delivering value with nearly 9% of our savings account balances coming in from digitally sourced accounts. With Covid related disturbances behind us, and our customers’ livelihoods coming back strongly, we should be able to support their aspirations for growth and growing along with them.” Result PDF Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Investor Presentation
Equitas Small Finance Bank Limited has informed the exchange regarding the press release and investor presentation. Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Equitas Small Finance Bank Limited has informed the exchange regarding the press release and investor presentation. Equitas Small Finance Bank Ltd - 543243 - Unaudited Financial Results For Quarter Ended June 30, 2022.
Equitas Small Finance Bank Limited has informed the exchange regarding outcome of the Board Meeting held on July 28, 2022 and disclosure under Regulation 30, 33 & 52 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Equitas Small Finance Bank Limited has informed the exchange regarding allotment of shares under ESOP.