ESAF Small Finance Bank Ltd has crossed the ₹50,000 crore total business milestone, reflecting the lender’s expanding footprint and sustained growth across deposits and advances.
The bank said its total business stood at ₹50,029 crore as of June 11, 2026, comprising total deposits of ₹26,197 crore and gross advances of ₹23,832 crore.
Deposits maintain steady growth
The milestone comes on the back of consistent growth in the bank’s deposit franchise. As of March 31, 2026, total deposits stood at ₹25,850 crore, registering an 11% year-on-year increase from ₹23,276 crore.
Retail deposits rose 9% year-on-year to ₹23,674 crore and accounted for 92% of the total deposit base, underscoring the bank’s focus on building a stable and granular funding franchise.
CASA balances increased 7% year-on-year to ₹6,181 crore, while the CASA ratio stood at 23.9%. The bank expects CASA mobilisation to improve gradually, supported by customer acquisition initiatives, service quality enhancements and branch-led expansion.
Advances growth driven by secured lending
Gross advances increased 19% year-on-year to ₹22,426 crore as of March 31, 2026, compared with ₹18,779 crore a year earlier.
During the quarter, the bank reported disbursements of ₹12,926 crore, marking an 88% year-on-year increase. Secured lending accounted for 78% of total disbursements, extending a trend where secured loans have contributed more than 75% of quarterly disbursements for six consecutive quarters.
The bank said the strategy is aligned with its objective of improving portfolio quality and strengthening the secured asset base.
Shift towards secured portfolio continues
Growth in the secured portfolio was largely driven by MARG segments, which recorded a 47% year-on-year increase. At the same time, the microfinance portfolio remained stable in absolute terms, resulting in its share of total advances declining to 39% from 47% in the previous year.
The changing portfolio mix reflects ESAF’s ongoing efforts to diversify its lending book while reducing dependence on microfinance.
Expanding national presence
Over the past nine years, ESAF Small Finance Bank has built a nationwide franchise spanning 26 states and Union Territories.
As of June 11, 2026, the bank operated 816 branches and banking outlets across the country. It has also partnered with 32 institutional business correspondents that collectively operate more than 1,000 customer service centres, further extending its reach into underserved markets.
The latest milestone highlights the bank’s growing scale and its continued focus on expanding deposits, strengthening secured lending and deepening its presence across India.