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Incorporated in 1992, ESAF is a Small Finance Bank mainly focusing on providing loans to rural and semi-urban customers.
The Board has reconstituted its Audit, Nomination, Risk Management, Stakeholders Relationship, and CSR & Sustainability Committees. This governance update reflects changes in key oversight roles, effective from next month.
ESAF Small Finance Bank reported strong Q1 FY27 results. PAT hit ₹80 Cr, total business crossed ₹50,000 Cr. Gross advances grew 27% to ₹23,216 Cr, deposits 19% to ₹26,924 Cr. Asset quality improved significantly with NNPA at 0.8%.
ESAF Small Finance Bank reports robust Q1 results: PAT ₹80 Cr & Total Business over ₹50,000 Cr. Gross Advances surged 27% YoY to ₹23,216 Cr. Asset quality strengthened with NNPA at 0.8%. Strong turnaround with secured portfolio at 62%.
ESAF Small Finance Bank has informed shareholders that its Annual Report is available online. They've dispatched letters to those without registered emails, ahead of the upcoming Annual General Meeting.
ESAF Small Finance Bank shows strong Q1 FY27 growth. Total Deposits rose 18.62% YoY to ₹26,925 Cr, and Gross Advances surged 27.39% YoY to ₹23,216 Cr. Total business reached ₹51,141 Cr, adding 1.86 lakh new customers.