Equitas Small Finance Bank reports eight-fold jump in net profit - The Economic Times


7/28/2022 12:00:00 AM3 years 7 months ago
by Atmadip Ray

The bank's interest income rose 15% to Rs 940.4 crore, while other income grew 28% to Rs 133 crore.Operating profit for the quarter jumped 63% to Rs 268 crore.The lender's asset quality improved, with the gross non-performing assets ratio falling to 4.1% at t…

Equitas Small Finance Bank reported an eight-fold jump in net profit at Rs 97 crore for the June quarter, backed by both core and other income and improvement in asset quality. It earned a net profi… [+522 chars]

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