Quarterly Updates4 Oct 2025, 01:24 pm
Equitas Small Finance Bank Reports QoQ Growth in Gross Advances & Reduction in 1-90 DPD for Q2FY26
AI Summary
Equitas Small Finance Bank Limited has reported business updates for the quarter ended September 30, 2025. The bank's gross advances have grown by 4% QoQ, driven by improved disbursement of Rs. 5381 crs, a growth of 53% QoQ & 11% YoY. Micro finance and micro loan advances have improved to a de-growth of 3% QoQ. The 1-90 DPD has shown consistent reduction, and X bucket collection efficiency has improved significantly in both Tamil Nadu and Karnataka regions. Fresh OD trend has improved, leading to lower levels of stress and consequent levels of NPA and credit cost. Advances mix shows 9% in Micro Finance & Micro Loans (Unsecured) and 91% in All Other Loans (Secured).
Key Highlights
- Gross advances have grown by 4% QoQ in Q2FY26.
- Micro finance and micro loan advances have improved to a de-growth of 3% QoQ in Q2FY26.
- 1-90 DPD has shown consistent reduction in Q2FY26.
- X bucket collection efficiency has improved significantly in both Tamil Nadu and Karnataka regions in Q2FY26.
- Fresh OD trend has improved, leading to lower levels of stress and consequent levels of NPA and credit cost in Q2FY26.