Equitas SFB - Focus On Building Stable, Scalable Bank With Prudent, Conservative Approach: ICICI Securities

A board with signage for Equitas Small Financ Bank. (Source: BloombergQuint)

Equitas SFB - Focus On Building Stable, Scalable Bank With Prudent, Conservative Approach: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Key takeaways from Equitas Small Finance Bank Ltd.’s FY21 annual report:

  1. increased focus on enriching customer lifecycle (created customer experience vertical and business intelligence unit in FY21),

  2. building best-in-class digital capabilities,

  3. strengthening market positioning in new products like new commercial vehicle and used car loan etc., and

  4. encouraging achievements in six strategic focus areas conceptualised by the management team to build stable, scalable and sustainable bank.

Further, Equitas Small Finance Bank's expertise in providing credit to unbanked and underbanked micro and small entrepreneurs reflects in it closing FY21 with highest return on asset (since commencement of SFB operations) at 1.7%.

Click on the attachment to read the full report:

ICICI Securities Equitas SFB Annual Report Analysis.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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