Equitas Small Finance Bank Q1 Update: Gross advances up 9%, net slippages rise to 4.35%

The bank’s CASA deposits rose to ₹13,053 crore, reflecting growth of 5.18% quarter-on-quarter and 11.33% year-on-year, with the CASA ratio stable at 29%. Cost of funds for the quarter stood at 7.49%, slightly down from 7.54% in the previous quarter. Shares of Equitas Small Finance Bank Ltd ended at ₹68.00, down by ₹0.16, or 0.23%, on the BSE.

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