Equitas Small Finance Bank Limited is a scheduled commercial bank in India, which was established in 2007 as Equitas Micro Finance Limited. In 2016, it received the Small Finance Bank license from the Reserve Bank of India and became a small finance bank. The bank provides a range of banking products and services, including savings and current accounts, fixed deposits, recurring deposits, loans, debit and credit cards, and insurance.
- Equitas Small Finance Bank Limited reported Total Income for Q4 FY23 of ₹1,394.41 Crore up from ₹1,043.97 Crore year on year, a growth of 33.6%.
- Total Expenses for Q4 FY23 of ₹1,008.02 Crore up from ₹780.06 Crore year on year, a growth of 29.2%.
- Consolidated Net Profit of ₹190.03 Crore, up 59% from ₹119.50 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹1.69, from ₹0.99 in the same quarter of the previous year.