Q3 results today: Vedanta, Nestle among 134 companies to announce earnings on FridayThe third quarter earnings results will be announced by 134 companies, with key players such as Nestle India, IndusInd Bank, Sun Pharma, ON...
31 Jan, 2025, 07.51 AM IST
Bandhan Bank, small finance banks see higher slippages as microfinance lending persistsBandhan Bank and other small finance banks that transitioned from microfinance faced higher slippages in Q2. Despite efforts to reduce micr...
12 Nov, 2024, 06.01 AM IST
Equitas Small Finance Bank Q2 Results: Net profit plummets 93% to Rs 13 croreEquitas Small Finance Bank's Q2 net profit dropped 93% YoY to Rs 13 crore, mainly due to higher provisions for risky loans. Its operating p...
08 Nov, 2024, 08.42 PM IST
Equitas Small Finance Bank Q3 Results: Net profit rises 19% YoY to Rs 202 croreThe net interest margin for the quarter compressed to 8.37% against 9.01% seen in the December 2022 quarter, primarily because of rising co...
25 Jan, 2024, 07.10 PM IST
Equitas Small Finance Bank Q1 Results: Net profit doubles to Rs 191 crore on fall in provisionsEquitas Small Finance Bank aims to become a universal bank after a near-double net profit of INR191 crore ($25.5m) for Q2 2021, backed by s...
28 Jul, 2023, 09.29 PM IST
Equitas Small Finance Bank Q4 results: Net profit jumps 2.6x to Rs 113 croreManaging director PN Vasudevan said that in the year ago period, net profit was low due to Rs 100 crore additional provision made to cover ...
29 Apr, 2021, 10.08 PM IST
70% of Equitas Small Finance Bank borrowers on asset classification standstill pay up dues“70% of these borrowers have paid the instalments to become a non-SMA account where there are no overdue, that is giving us a a very positi...
15 May, 2020, 03.43 PM IST
UBS cuts target price of NBFCs by up to 65% on growth, NPA concernsThe brokerage is also concerned about liquidity freeze for the small and medium enterprises and the self-employed segments.
22 Apr, 2020, 08.26 AM IST
We are walking a tight rope, but determined to meet Jan 31 cutoff for listing: Samit GhoshUjjivan is fully prepared for doing an IPO of a minimum lot of 10%.
05 Aug, 2019, 03.06 PM IST
Equitas finalises small finance bank listing planEquitas Holding is a listed entity while RBI has also directed it to list Equitas Small Finance Bank as per the bank licensing agreement.
01 Feb, 2019, 09.18 PM IST
We have brought microfinance portfolio down to 27%: PN Vasudevan, Equitas Small Finance BankWe had excess liquidity at end of Q1 and we were trying to use it in Q2, says Equitas Small Fin Bank MD.
06 Nov, 2018, 11.32 AM IST
Equitas Holding's March quarter net profit rises four-fold to Rs 34 croreDuring the quarter, the company reported net profit of Rs 34 crore against Rs 7 crore in the same period a year ago. Profit in the March qu...
27 Apr, 2018, 09.34 PM IST
Here's what small finance banks need to do to stay relevantThere may not be any immediate survival risks, but will they be good enough to fulfil the inclusive banking mandate? That remains to be see...
28 Feb, 2018, 06.18 AM IST
Expect micro finance to be 30% or below of overall business, by March-end: HKN Raghavan"The demonetisation effect is stabilised, it is a kind of plateau compared to last quarter to this quarter," HKN Raghavan said
31 Jul, 2017, 03.49 PM IST
We hope Equitas will be amongst the best banks, in terms CASA ratio: Vasudevan PN, Equitas Micro Finance"This year we think we will be able to grow at around 15% to 20%, even the microfinance will drop in terms of percentage contribution, the ...
29 May, 2017, 01.11 PM IST
Equitas sees strong AUM growth, NPAs rise due to transition to small finance bank: Raghavan HKN, Equitas Holdings“We were the first one to start our operations within a matter of one year. That gave us a kind of credibility.”
24 Oct, 2016, 08.37 PM IST
Will come up with two new products after conversion into small finance bank: Raghavan HKN, Equitas Holdings"I think it has been a decent performance. I would say as far as this quarter is concerned."
25 Jul, 2016, 11.37 AM IST