On Track To Achieve 30% Growth | P N Vasudevan, Equitas SFB

Equitas Small Finance Bank’s Q1 Gross advances stand at Rs 21,699 cr vs Rs 17,837 cr, up 22% YoY, up 5% sequentially. Deposits grew to Rs 20,386 cr vs Rs 170,95 cr, up 19% on a yearly basis, up 8% QoQ. CASA at Rs 10,548 cr vs Rs 6,793 cr, up 55% YoY, 7% QoQ. CASA ratio at 51.74% vs 52% QoQ. Cost of funds stable QoQ at 6.2% vs 6.93% YoY. Is Vehicle financing seeing an uptick? What’s the impact assessment of inflation and rising rates on small businesses…are there any key risks in this portfolio? P N Vasudevan, MD, and CEO, Equitas Small Finance Bank shares more details on the same.
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