Equitas Small Finance Bank Q4 Review - Improving Collection Efficiency, Business Growth: Motilal Oswal

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..Motilal Oswal Report.Equitas Small Finance Bank Ltd. reported a profit after tax of Rs 1.1 billion (higher than our estimate), led by higher priority sector lending certificates fee income and lower provisions.Non-micro finance institution assets under management growth stood at 25% YoY, while the micro finance institution portfolio declined further.On the liability front, deposit growth momentum was strong, with the current account and savings account ratio improving to 34%.On the asset quality front, higher write-offs (Rs 1.7 billion) in the MFI portfolio resulted in an improvement in asset quality ratios.Collection efficiency for March 2021 improved to 108.5% (versus 105.4% in December 2020)..Click on the attachment to read the full report:.DISCLAIMERThis 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..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Equitas Small Finance Bank Q4 Review - Improving Collection Efficiency, Business Growth: Motilal Oswal

Equitas Small Finance Bank Q4 Review - Improving Collection Efficiency, Business Growth: Motilal Oswal

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