Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
Amended Code of Conduct for prevention of Insider trading& Code of conduct for fair disclosure of Unpublished Price Sensitive Information of Equitas Small Finance Bank Limited Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of 44,62,085 equity shares under ESFB Employee Stock Option Scheme,2019("ESOP Scheme") Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Equitas Small Finance Bank Limited has informed the exchange regarding the Transcript of the Earnings Call held on October 20, 2023 Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Earnings call update - Unaudited Financial Results of the Bank for the quarter and half-year ended September 30, 2023 Q2FY24 Quarterly Result Announced for Equitas Small Finance Bank Ltd.
Equitas Small Finance Bank announced Q2FY24 results: I. Financial Results: - PAT for the quarter at Rs 198 crore compared to Q2FY23 at Rs 116 crore, showing a growth of 70% YoY. - Gross Advances at Rs 31,229 crore with a YoY growth of 37% and a QoQ growth of 6%. - Quarterly disbursement at Rs 4,961 crore in Q2FY24, with a YoY growth of 29%. - GNPA down to 2.12% from 2.60% in Q1FY24. - ROA and RoE of 2.03% and 14.62% respectively. II. Business Highlights: - Introduction of an InsurTech platform to enhance the digital insurance buying experience for customers. - Addition of 29 banking outlets across Andhra Pradesh, Karnataka, and Telangana, with a focus on asset centers. - Strong disbursement across all product segments, with the Small Business Loans (SBL) recording a YoY disbursement growth of 36%. - The CASA ratio stood at 34%, and Term Deposits grew 82% YoY to reach Rs 20,490 crore. - Retail Term Deposits grew 58% YoY to Rs 12,119 crore, contributing to 59% of total term deposits. III. Key Ratios: - NIM dropped by 33 bps to 8.43%. - Cost to Income stood at 64.37% in Q2FY24, compared to 65.05% in Q1FY24 and 66.58% in Q2FY23. - ROA and RoE for Q1FY24 at 2.03% and 14.62% respectively. - The net worth of the Bank stands at Rs 5,479 crore. - Total CRAR at 21.33%, Tier I at 20.65%, and Tier II at 0.68%. IV. Asset Quality & Provisions: - Annualized gross slippages stable at 3.47% for Q2FY24. - GNPA improved by 170bps YoY to 2.12% in Q2FY24. - NNPA improved by 102bps YoY to 0.91% in Q2FY24. - Additional provisions of Rs 28.04 crore were made during the quarter to strengthen PCR. Commenting on the quarterly performance, P N Vasudevan, Managing Director and CEO of Equitas Small Finance Bank said, “This Financial year is witnessing and continue to witness strong credit growth coupled with stable asset quality and a healthy growth in retail term deposits. CASA seems to be an area of concern for the Banking Industry. For Equitas, the interest cost has risen to 7.21% for the quarter. With most of the old deposits at lower rates getting replaced with new deposits at higher rates, we expect a further increase in the interest cost to moderate over the next two quarters. Our Investments in Technology/Digitization continue to progress effectively, the benefits of which should be felt in the upcoming years.” Result PDF Equitas Small Finance Bank Ltd - 543243 - Disclosure Under Regulation 23 (9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations,2015 For The Half-Year Ended September 30,2023
Related party transactions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 for the half-year ended September 30,2023 Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investors presentation on the Unaudited Financial Results of the Bank for the quarter and half-year ended September 30,2023 Equitas Small Finance Bank Ltd - 543243 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on Unaudited Financial Results of Equitas Small Finance Bank Limited for the quarter and half-year ended September 30,2023 Equitas Small Finance Bank Ltd - 543243 - Board Meeting Outcome for Disclosure Under Regulations 30 & 33 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015- Outcome Of Board Meeting Held On October 19, 2023
Equitas Small Finance Bank Limited has informed the exchange regarding the Unaudited Financial Results of the Bank for the quarter and half-year ended September 30, 2023 Equitas Small Finance Bank Ltd - 543243 - Disclosure Under Regulations 30 & 33 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015- Outcome Of Board Meeting Held On October 19, 2023
Equitas Small Finance Bank Limited has informed the exchanges regarding the Unaudited Financial Results for the quarter and half-year ended September 30,2023