ESAF Small Finance Bank Share News - Latest Updates, Live News & More

Latest news about ESAF Small Finance Bank

ESAF Small Finance Bank Reports Strategic Shift to Secured Lending in Q2 FY26 1 day ago

ESAF Small Finance Bank's Q2 and H1 FY26 earnings call revealed a significant shift towards secured lending. Secured assets now comprise 61% of gross advances, up from 39% a year ago. Total business reached INR 42,031.00 crores. Q2 disbursements doubled year-on-year to INR 8,913.00 crores, with 82% in secured loans. Gold loans were a key growth driver, with the portfolio reaching INR 8,000.00 crores. Microfinance exposure reduced to 39% of gross advances. GNPA slightly increased to 8.5%, while Net NPA remained at 3.8%. Total deposits grew 6% year-on-year to INR 22,894.00 crores. The bank aims for positive quarterly ROA in FY26 and targets 20-25% annual loan book growth.

ESAF Small Finance Bank Achieves Top-Tier ESG Rating from CareEdge 4 days ago

ESAF Small Finance Bank Seeks Shareholder Approval for Capital Increase and Board Changes 6 days ago

ESAF Small Finance Bank Reports Loss in H1 Amid Strategic Shift to Secured Lending 7 days ago

ESAF Small Finance Bank Announces Key Board Changes 8 days ago

More news about ESAF Small Finance Bank

11Nov 25

ESAF Small Finance Bank Reports Narrowed Q2 Loss Amid Revenue Decline

ESAF Small Finance Bank reported a net loss of 11.58 billion rupees in Q2, an improvement from the 19.01 billion rupee loss in the same period last year. Revenue declined by 17.60% to 82.00 billion rupees, primarily due to decreased interest earned. Other income increased by 48% to 14.50 billion rupees. The bank's asset quality deteriorated with gross NPA ratio rising to 8.54% from 7.48% in Q1. Capital Adequacy Ratio remained strong at 22.43%. The bank raised Tier II capital of 1.15 billion rupees and made changes to its board of directors.

03Nov 25

ESAF Small Finance Bank to Raise ₹150 Crore Through Tier II Bonds

ESAF Small Finance Bank plans to issue Basel II compliant Tier II subordinated bonds worth ₹150 crore as non-convertible debentures (NCDs) on a private placement basis. The bonds will have an interest rate of 11.30% per annum, a tenure of 69 months, and mature on August 10, 2031. This issuance is part of a larger ₹1,000 crore capital raising plan approved by shareholders. The bank's Board has authorized its Management Committee to make decisions on future issuances within this limit. The bonds are proposed to be listed on NSE's Negotiated Trade Reporting Platform.

28Oct 25

ESAF Small Finance Bank Faces Regulatory Hurdle in Shareholding Restructure

ESAF Small Finance Bank's proposed shareholding restructure faces a setback as the Reserve Bank of India (RBI) disapproves Dia Vikas Capital's acquisition of shares exceeding 5% of the bank's paid-up share capital. The bank's board is now reassessing the implications and exploring alternatives to comply with RBI Bank Ownership Directions 2023. The previously approved Scheme of Arrangement will not be filed with the National Company Law Tribunal pending further deliberations.

18Oct 25

ESAF Small Finance Bank Secures RBI Approval for New Part-Time Chairman

ESAF Small Finance Bank has received RBI approval for the appointment of Shri. Karthikeyan M as its new Part-Time Chairman. The appointment is for a three-year term from December 21, 2025, to December 20, 2028. The bank will seek shareholder approval for his appointment as a Non-Executive Independent Director. This appointment follows recommendations by the bank's Nomination, Remuneration and Compensation Committee and Board of Directors in August 2025.

24Sept 25

ESAF Small Finance Bank Appoints George Ittan Maramkandathil as Non-Executive Director

ESAF Small Finance Bank has appointed George Ittan Maramkandathil as a Non-Executive Director for a three-year term from November 18, 2025, to November 17, 2028. The appointment was approved by shareholders at the bank's 9th Annual General Meeting on September 24, 2025. Maramkandathil, who holds a 2.58% stake in the bank, is the CEO and Founder of AST Group of Companies with 43 years of professional experience. The AGM also approved the appointment of new statutory and secretarial auditors, and authorized the bank to issue debt securities on a private placement basis. Shareholders overwhelmingly supported Maramkandathil's appointment with 99.99% votes in favor.

20Sept 25

ESAF Small Finance Bank Approves Capital Raise and Authorised Capital Increase

ESAF Small Finance Bank's Board has approved raising Tier I capital through equity shares via various methods, including rights issue and private placement. The bank plans to increase its authorized capital from Rs. 600 crores to Rs. 1,000 crores, subject to RBI and shareholder approval. Additionally, George Thomas, Executive VP of HR, will leave his position on September 30, 2025. These decisions were made in a board meeting on September 20, 2025.

15Sept 25

ESAF Small Finance Bank to Consider Tier I Capital Raising in Upcoming Board Meeting

ESAF Small Finance Bank has scheduled a Board meeting on September 20, 2025, to discuss raising Tier I Capital. The bank is exploring various methods including private placement, qualified institutions placement, and preferential issue, subject to regulatory approvals and shareholder consent. A trading window closure has been announced from September 15 to 22, 2025, for designated persons and their immediate relatives.

04Sept 25

ESAF Small Finance Bank's Debt Ratings Downgraded Amid Asset Quality Concerns

CareEdge Ratings has downgraded ESAF Small Finance Bank's debt instruments due to persistent weakness in asset quality and profitability. The bank reported a net loss of ₹521.00 crore, with its GNPA ratio increasing to 7.48%. In response, ESFBL has shifted focus towards secured lending, particularly gold loans, which now comprise 34% of total advances. Despite challenges, the bank maintains a Capital Adequacy Ratio of 22.74%. CareEdge maintains a negative outlook, citing continued pressure on profitability and asset quality in the near term.

18Aug 25

ESAF Small Finance Bank Reports Mixed Q1 Results Amid Portfolio Shift

ESAF Small Finance Bank's Q1 results show a 4.82% YoY business growth to INR 42,507.00 crores, with deposits up 8.7%. The bank is shifting towards secured lending, reducing its micro loan book and doubling gold loans YoY. Net interest income dropped to INR 378.00 crores, with NIM compressing to 6.00%. Asset quality challenges persist with GNPA at 7.50% and NNPA at 3.80%. The bank executed NPA sales of INR 733.40 crores for a net P&L benefit of INR 45.76 crores. Management expects stress levels to stabilize in Q2 and positive traction from Q3, aiming for a positive ROA by FY26 end.

13Aug 25

ESAF Small Finance Bank Reports Q1 Loss, Submits Revised Investor Presentation

ESAF Small Finance Bank's revised investor presentation reveals a loss after tax of ₹81.20 crores, contrasting with a profit of ₹62.77 crores in the same quarter last year. The bank's loan book grew marginally by 0.7% to ₹19,809.00 crores, while deposits increased by 8.7% to ₹22,698.00 crores. Asset quality deteriorated with GNPA rising to 7.5% and NNPA to 3.8%. The bank's net interest margin compressed significantly from 9.4% to 6.0% year-over-year, while the cost of deposits slightly improved from 7.5% to 7.3%. ESAF maintains 788 banking outlets across 24 states and 2 union territories, serving 95.80 lakh customers.

11Aug 25

ESAF Small Finance Bank Reports Rs. 14 Crore Robbery at Jabalpur Branch

ESAF Small Finance Bank experienced a robbery of gold and valuables worth approximately Rs. 14.00 crore at its Sihora Branch in Jabalpur, Madhya Pradesh. The incident occurred on August 11, 2025, at 10:30 AM. The bank has reported the matter to local police and assured that the loss is fully insured. Customer deposits and normal banking operations remain unaffected, and the bank does not anticipate any material financial impact. As of June 30, 2025, ESAF reported total deposits of Rs. 22,698.40 crore and advances of Rs. 17,521.75 crore, with a capital adequacy ratio of 22.7%.

10Aug 25

ESAF Small Finance Bank Reports Net Loss of ₹81.22 Crore in Q1 Amid Challenging Market Conditions

ESAF Small Finance Bank reported a net loss of ₹81.22 crore in Q1, compared to a profit of ₹62.77 crore in the same quarter last year. Net Interest Income declined by 35.8% to ₹377.87 crore, while total income fell by 18.6% to ₹573.01 crore. Gross Non-Performing Assets rose to 7.5%, and Net NPA stood at 3.8%. The bank's loan book was ₹19,809.00 crore, with deposits at ₹22,698.00 crore. ESAF is focusing on loan diversification, deposit growth, technology enhancement, and recovery efforts to address profitability and asset quality challenges.

08Aug 25

ESAF Small Finance Bank Reports Q1 Net Loss of 812 Crore Rupees Amid Asset Quality Challenges

ESAF Small Finance Bank reported a net loss of ₹812 crore for Q1, compared to a profit of ₹628 crore in the same period last year. The bank's GNPA ratio increased to 7.48% from 6.87%, while NNPA ratio rose to 3.77% from 2.99%. Interest earned declined by 19% year-on-year to ₹828.23 crore. Despite challenges, the bank maintained a strong Capital Adequacy Ratio of 22.74%. The retail segment reported a loss of ₹181 crore, while wholesale and treasury segments showed profits of ₹7.87 crore and ₹26.77 crore respectively.

24Jul 25

ESAF Small Finance Bank Appoints New Director, Grants Stock Options, and Announces Executive Retirement

ESAF Small Finance Bank has made three key announcements. First, George Ittan Maramkandathil has been appointed as a Non-Executive Director for a three-year term starting November 18, 2025, subject to shareholder approval. Second, the bank has granted 9,55,949 stock options to eligible employees under its ESAF Employee Stock Option Scheme 2019, with an exercise price of Rs. 10.00 per option and a one-year vesting period. Lastly, Hemant Kumar Tamta, Executive Vice President - Assets, will complete his employment contract on July 31, 2025.

07Jul 25

ESAF Small Finance Bank Reports Mixed Financial Performance

ESAF Small Finance Bank's Q1 results show contrasting trends. Term deposits increased by 6.95% year-over-year as of June 30, indicating improved liquidity. However, gross advances declined by 2.98% in the same period, potentially impacting interest income. This mixed performance reflects the bank's current market position and strategic challenges in balancing deposit growth with lending activities.

04Jul 25

ESAF Small Finance Bank Reports Mixed Q1 FY2026 Results: Deposits Up, Advances Down

ESAF Small Finance Bank's Q1 FY2026 results show 8.6% YoY growth in deposits to ₹22,698.00 crore and improved CASA ratio of 24.80%. However, gross advances declined 3% YoY to ₹18,224.00 crore. Secured advances increased 66.6% YoY, now 58.7% of the loan book, while micro loans decreased 39.1%. The bank transferred NPAs worth ₹733.40 crore to an ARC for ₹73.34 crore.

30Jun 25

ESAF Small Finance Bank Sells Rs 733 Crore Bad Loan Portfolio for Rs 73 Crore

ESAF Small Finance Bank has sold a portfolio of non-performing assets (NPAs) and technically written-off loans worth Rs 733.40 crore to an Asset Reconstruction Company (ARC) for Rs 73.34 crore. This strategic move, conducted using the Swiss Challenge Method, aims to clean up the bank's balance sheet and improve its overall financial health. The sale represents approximately 2.81% of the bank's total assets, which stood at Rs 26,086.90 crore, showing a 28.99% year-on-year growth. The bank has also reported strong growth in other financial metrics, including a 40.79% increase in net profit to Rs 425.60 crore and a 35.61% rise in revenue to Rs 4,260.30 crore.

19Jun 25

ESAF Small Finance Bank to Offload Rs 735 Crore Bad Loans, Partners with Maruti Suzuki

ESAF Small Finance Bank's board approves sale of Rs 735.18 crore non-performing and technically written-off loans to an asset reconstruction company. The bank also partners with Maruti Suzuki India to offer retail financing solutions for vehicles.

18Jun 25

ESAF Small Finance Bank to Sell ₹735 Crore in NPAs and Written-Off Loans

ESAF Small Finance Bank has approved the sale of non-performing assets (NPAs) and written-off loans worth ₹735 crore to an Asset Reconstruction Company (ARC). This strategic move aims to clean up the bank's balance sheet and potentially enhance its financial performance. The sale is expected to improve asset quality, increase financial stability, allow focus on core business activities, and potentially boost profitability. This decision comes in the context of the bank's recent financial performance, which showed significant year-on-year growth in total assets, current assets, total equity, revenue, net profit, and EBITDA.

19May 25

ESAF Small Finance Bank Reports Widening Q4 Losses Amidst Revenue Decline

ESAF Small Finance Bank's Q4 results show a net loss of ₹183.20 crore, up 323.09% year-over-year. Revenue declined 10.84% to ₹893.40 crore. GNPA ratio improved slightly to 6.87%, while NNPA ratio increased marginally to 2.99%. Operating profit fell 77.02% to ₹73.50 crore. Despite Q4 challenges, annual performance for FY 2024 showed positive trends with revenue up 35.61% to ₹4,260.30 crore and net profit increasing 40.79% to ₹425.60 crore.

16May 25

ESAF Small Finance Bank Reports Third Consecutive Quarterly Loss Amid Microfinance Stress

ESAF Small Finance Bank posted a net loss of Rs 183.00 crore in Q4, marking its third consecutive quarterly loss. The bank's annual loss stood at Rs 521.00 crore, compared to a profit of Rs 426.00 crore in the previous fiscal year. The Gross Non-Performing Assets (GNPA) ratio slightly improved to 6.87% from 6.96% quarter-on-quarter but remains higher than the 4.76% reported a year ago.

17Mar 25

ESAF Small Finance Bank Faces Negative Outlook Amid Asset Quality Concerns

CARE Ratings has revised ESAF Small Finance Bank's outlook from 'Stable' to 'Negative' on its tier 2 bonds due to deteriorating asset quality and profitability issues. The bank's gross non-performing assets rose to 6.96% in December 2024, up from 4.76% in March 2024. ESAF SFB reported net losses in Q2 and Q3 of FY25, with a 9MFY25 net loss of ₹338.00 crore. Despite challenges, the bank maintains a strong capital position with a Capital Adequacy Ratio of 22.70%. ESAF SFB is diversifying its portfolio, increasing secured loans to 43.40% of total loans and reducing microfinance exposure to 56.60%.