Equitas Small Finance Bank Reports QoQ Advances Growth of 0.13% and Deposits Growth of 2.95% for Q1 FY 25

Equitas Small Finance Bank Limited has reported its business updates for the quarter ended June 30, 2025. The bank's gross advances stood at Rs. 38,034 Crore, representing a quarterly growth of 0.13% and a yearly growth of 9.07%. Total deposits stood at Rs. 44,379 Crore, reflecting a quarterly growth of 2.95% and a yearly growth of 18.27%. The bank's Cost of Funds stands at 7.49%. The annualized net slippage for Q1 FY 25 was 2.38%. The bank's X Bucket Collection Efficiency in Microfinance & Micro Loans stands at 98.69% for June 2025. The share of unsecured advances to total advances as on June 30, 2025, for Micro Finance & Micro Loans stands at 10%. The numbers mentioned above are provisional and subject to approval by the Audit Committee and Board of Directors and are subject to review by the Joint Statutory Auditors of the Bank.