Equitas Small Finance Bank reports 29.58% YoY advances growth and 19.03% deposit growth
As filed · Equitas Small Finance Bank Limited has informed the Exchange about Business Update for the quarter ended September 30, 2026
What happened
FactEquitas Small Finance Bank reported provisional gross advances of Rs. 50,694 crore for September 30, 2026, up 29.58% YoY and 6.41% QoQ, supported by disbursements of approximately Rs. 7,461 crore. Total deposits reached Rs. 52,483 crore, up 19.03% YoY and 7.16% QoQ; the bank also sold Rs. 110 crore of NPAs to an ARC during the quarter.
Why it matters
CapitSignal interpretationProduction and sales volumes are the operating data behind the next set of reported numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
RevisedWith these positive levers in place, we expect to achieve an exit ROA of about 1.5% in Q4FY27.
For full year FY27, we expect ROA of ~1.2%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Volume trend against the prior period
- Q4FY26 credit costs benefited from seasonal factors. Going forward, we expect credit costs to normalize, with (management committed by FY27)
- Cost to Income is expected to moderate further in H2FY27 driven by Operating leverage with growth in advances. (management committed by H2 FY27)
Evidence
- Equitas Small Finance Bank Limited has informed the Exchange about Business Update for the quarter ended September 30, 2026(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- The update indicates strong year-on-year balance-sheet expansion, with advances growing faster than deposits during the reported period. However, CASA remained below the September 30, 2025 level and the disclosed figures are provisional and subject to review and approval.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%