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Equitas Small Finance Bank Limited is an Indian banking company that operates in three segments: Treasury, Wholesale Banking, and Retail Banking. The bank focuses on providing financial services to underserved individuals and micro and small enterprises. Its offerings include microfinance, commercial vehicle finance, home finance, loan against property, corporate finance, and various deposit accounts. The bank also provides non-credit services such as ATM-cum-debit cards, insurance, mutual funds, and FASTag issuance. Equitas Small Finance Bank operates through 964 banking outlets and 365 ATMs across 18 states and union territories in India. The company has undergone several name changes and amalgamations since its inception in 1993, ultimately becoming Equitas Small Finance Bank Limited in 2016 when it commenced operations as a small finance bank.
In the news

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Equitas Small Finance Bank posts ₹184 cr profit in Q1 FY27

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Equitas Small Finance Bank shares surge 7% on 406% Q4 profit jump

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The Quarter story
The two most recent quarterly results, compared side-by-side.
Equitas Small Finance Bank shows strong profitability recovery and asset quality improvement, though funding costs are rising as CASA deposits decline.
Profit After Tax recovers from -₹224 Cr to ₹184 Cr from Q1 FY26 to Q1 FY27 — earnings stability returns after early-year losses.
CASA Ratio declines from 31% to 25% from Q2 FY26 to Q1 FY27 — lower low-cost deposits increase reliance on term funding.
Gross NPA ratio improves from 2.62% to 2.36% from Q3 FY26 to Q1 FY27 — asset quality stabilization supports continued lending.
Advances expand from ₹34,741 Cr to ₹44,733 Cr from Q1 FY26 to Q1 FY27 — steady loan book growth fuels balance sheet scaling.
Net Interest Margin widens from 6.55% to 7.24% from Q1 FY26 to Q1 FY27 — yield optimization strengthens core banking profits.
Micro Finance GNPA drops from 6.99% to 3.44% from Q2 FY26 to Q1 FY27 — risk containment improves in the high-yield portfolio.