CARE reaffirms ESAF SFB ratings, revises outlook to Stable
ESAFSFB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CARE Ratings reaffirmed ESAF SFB's long-term rating at CARE A- and revised outlook from Negative to Stable for Rs 800 crore of Tier-II and Lower Tier-II bonds. CARE A1 short-term rating reaffirmed for Rs 500 crore certificate of deposit. Revision reflects material moderation in asset-quality stress and improving profitability. GNPA fell to 5.40% in Jun 2026 from 8.54% in Sep 2025. Bank returned to profit with PAT of Rs 80 crore in Q1FY27 after five consecutive quarters of losses.
Positive: outlook shift from Negative to Stable signals better asset quality and profitability turnaround, supportive for bondholders and stock sentiment.