ESAFSFBNSEESAF Small Finance Bank LimitedMediumPositive
Announced Mon, 5 Jan · 15:16 IST

ESAF Small Finance Bank Limited has informed the Exchange about Key Business Updates for the quarter ended December 31, 2025

Business Updates View source PDF

ESAFSFB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ESAF Small Finance Bank reported total deposits of ₹24,006 Crore, up 7.10% year-on-year, with CASA deposits growing 7.83% YoY to ₹6,030 Crore and CASA ratio improving to 25.12%. Gross advances rose 13.06% YoY to ₹20,680 Crore, driven by a 57.95% surge in secured loans (gold, mortgage, MSME, agriculture) to ₹13,097 Crore, while micro loans declined 24.16% YoY to ₹7,583 Crore as the bank rebalanced toward secured lending. Secured loans now make up 63.33% of the book versus 45.33% a year earlier. The bank sold or wrote off NPAs worth ₹1,693.65 Crore to ARCs for ₹183.18 Crore, added 5.71 lakh new customers (total base 99.85 lakh), expanded to 788 branches, and appointed Shri. Karthikeyan Manickam as the new Part-Time Chairman.

Likely market impact

The clear shift from unsecured micro loans to secured lending should support better asset quality over time, though the sharp micro loan contraction may weigh on near-term growth perception. Healthy deposit growth, an improving CASA ratio, and a major NPA cleanup strengthen the balance sheet, while the new Chairman brings veteran banking experience.