Equitas Small Finance Bank's deposits increase 51% YoY

Equitas Small Finance Bank Limited has announced the details regarding bank's Deposits, Advances and other information for the quarter/nine months ended December 31, 2020:

Gross Advances stood at Rs. 17,385 crores (provisional) as of December 31, 2020, up 4% QoQ from Rs. 16,731 crore as of September 30, 2020 and up 19% YoY from Rs. 14,615 crore as of December 31, 2019.

Total Deposits were at Rs. 15,862 crores (provisional) as of December 31, 2020, up 23% QoQ from Rs. 12,901 crore as of September 30, 2020 and up 51% YoY from Rs. 10,493 crore as of December 31, 2019.

CASA was at Rs. 3,967 crores (provisional) as of December 31, 2020, up 22% QoQ from Rs. 3,246 crore as of September 30, 2020 and up 81% YoY from Rs. 2,196 crore as of December 31, 2019.

CASA Ratio stood at Rs. 25% (provisional) as of December 31, 2020 as against 25% as of September 30, 2020 and 21% as of December 31, 2019.

Note: The numbers mentioned above as on December 31, 2020 are provisional unaudited numbers and is subject to review / examine by the Audit Committee and Board of Directors and are subject to review by the Statutory Auditors of the Bank.

Source : Equity Bulls

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