ESAF Small Finance Bank reported a 24.34% year-on-year increase in total deposits to ₹28,466 crore as of September 30, 2026, while gross advances rose 25.05% to ₹23,931 crore.
The bank’s total business, including IBPC (Inter-Bank Participation Certificates), increased to ₹53,447 crore as of September 30, 2026, from ₹42,031 crore a year earlier, representing growth of 27.16%.
CASA growth trails overall deposits
CASA deposits grew 9.91% year-on-year to ₹6,645 crore as of September 30, 2026. However, the CASA ratio declined to 23.34% from 26.41% a year earlier, indicating that overall deposits grew faster than low-cost current and savings account deposits.
The bank’s credit-deposit ratio stood at 84.07% as of September 30, 2026, compared with 83.59% as of September 30, 2025.
Advances grow 25%
Gross advances increased to ₹23,931 crore, up 25.05% from the year-ago period.
ESAF Small Finance Bank undertook a technical write-off of NPAs amounting to ₹625 crore during the second quarter of FY27. The bank said that excluding this technical write-off, gross advances would have stood at ₹24,556 crore, translating into year-on-year growth of 28.32% and quarter-on-quarter growth of 5.78%.
Advances including IBPC rose 30.54% year-on-year to ₹24,981 crore.
MARG advances rise 38%
Advances under the bank’s MARG segment, comprising MSME, agriculture, retail and gold loans, grew 38% year-on-year to ₹13,938 crore as of September 30, 2026.
The composition of the loan book also shifted towards secured lending. Secured advances accounted for 65.19% of gross advances at the end of September 2026, compared with 61.20% a year earlier.
Disbursements remained broadly stable at ₹16,608 crore in FY27, compared with ₹16,607 crore in FY26.
Distribution network expands across 26 territories
As of September 30, 2026, ESAF Small Finance Bank’s distribution network comprised 831 branches, 722 ATMs and 1,060 Customer Service Centres.
The network spans 24 states and two Union Territories, giving the bank a broad physical distribution footprint as it expands its deposit and lending businesses.