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Equitas Small Finance Bank s Rs 34,287 cr business in FY 21
By IANS |
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Rupee. (File Photo: IANS). Image Source: IANS News
Chennai, April 7 : City based Equitas Small Finance Bank Ltd on Wednesday said it closed last year with a total business of Rs 34,287 crore.
In a regulatory filing of unaudited provisional numbers the bank said last fiscal the gross advances stood at Rs 17,896 crore while the total deposits were Rs 16,391 crore amounting to a total business of Rs 34,287 crore.
The Equitas Small Finance Bank said in the last fiscal the gross advances grew by 16 per cent and the total deposits by 52 per cent.
Financials stocks were trading with losses, with the S&P BSE Finance index decreasing 235.04 points or 3.15% at 7220.35 at 13:49 IST. Among the components of the S&P BSE Finance index, Indiabulls Housing Finance Ltd (down 5.69%), Can Fin Homes Ltd (down 5.53%),Bajaj Finance Ltd (down 5.43%),Canara Bank (down 5.41%),IndusInd Bank Ltd (down 5.33%), were the top losers. Among the other losers were Tourism Finance Corporation of India Ltd (down 5.17%), IFCI Ltd (down 4.99%), Equitas Small Finance Bank Ltd (down 4.68%), Bajaj Finserv Ltd (down 4.56%), and State Bank of India (down 4.47%). On the other hand, Satin Creditcare Network Ltd (up 3.39%), Magma Fincorp Ltd (up 3.25%), and Religare Enterprises Ltd (up 2.63%) turned up.