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Asia

Equitas SFB returns to profit in Q1 as provisions fall sharply

Markets-Economic Times · 1h ago · 🇮🇳 India

Equitas SFB returns to profit in Q1 as provisions fall sharply

Equitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. The lender also reported higher operating profit, improved asset quality, robust asset growth and stable margins despite a slight sequential decline.

Read the full story at Markets-Economic Times →

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