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CARE Ratings reaffirmed ESAF Small Finance Bank's long-term ratings at CARE A- and short-term at CARE A1. Crucially, the outlook for long-term instruments improved from Negative to Stable.

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ESAF Small Finance Bank LimitedESAFSFB · Filed with the exchange

This reflects better asset quality, significantly lower loan slippages, and a return to consistent profitability after past losses.

The bank also rebalanced its loan portfolio.

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