Equitas Small Finance Bank has reported strong operational performance in Q3 FY26, with gross advances registering a notable 10.6% quarter-on-quarter growth. The bank's lending portfolio expansion reflects robust business momentum and effective market penetration strategies during the quarter.

Strong Disbursement Performance Drives Growth

The bank's gross advances growth was primarily supported by strong disbursement activity totaling ₹6,557 crores during Q3 FY26. This disbursement performance demonstrates the bank's ability to maintain healthy lending momentum and capitalize on market opportunities.

Consistent Growth Trajectory

The disbursement figures showcase impressive growth across multiple time periods, with a 22% increase compared to the previous quarter and a substantial 28% year-on-year growth. This consistent upward trajectory indicates the bank's strengthening market position and effective business strategy execution.

Business Momentum Indicators

The strong disbursement performance and resulting gross advances growth reflect several positive business indicators for the small finance bank. The quarter-on-quarter improvement in lending activity suggests sustained demand for the bank's financial products and services, while the year-on-year comparison demonstrates the institution's ability to expand its lending operations significantly over time.

Equitas Small Finance Bank has informed stock exchanges about the resignation of a senior management personnel, marking a significant leadership change at the financial institution.

Senior Executive Departure

Mr. John Alex, who served as Head - Lead Bank, Govt. Liaison & Social Initiatives, has tendered his resignation due to personal reasons. The resignation was submitted on January 1, 2026, and accepted by the management on January 2, 2026.

Tenure and Achievements

In his resignation letter, Mr. Alex reflected on his extensive tenure with the organization, which began in November 2008. During his service, he played a pivotal role in establishing what he described as "one of the finest social ecosystems in the country for the underprivileged."

Key highlights of his tenure include:

• Leadership Role: Rose to become CEO of Equitas Holdings Ltd
• National Recognition: Received the National CSR Award from the Ministry of Corporate Affairs, Government of India
• International Platform: Spoke at UNO, Vienna and Johns Hopkins University
• Social Impact: Contributed to building the bank's social initiatives framework

Regulatory Compliance

The bank has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both the National Stock Exchange of India Limited and BSE Limited, providing all required details as per SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Personal Message

Mr. Alex's resignation letter expressed deep gratitude toward the bank's leadership, particularly acknowledging the Managing Director's guidance and vision. He emphasized his commitment to remain available to assist the bank whenever needed, despite stepping away from his formal role.

The resignation will take effect from the close of business hours on April 1, 2026, providing a transition period of three months from the acceptance date.