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ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

Full-year PBT doubles to Rs 256.26 crore from Rs 127.18 crore

bank, banks, bank merger
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Gross NPAs reduced from 1.61 per cent to 1.53 per cent and Net NPA from 0.77 per cent to 0.64 per cent during the year

Gireesh Babu Chennai
Kerala-based ESAF Small Finance Bank has posted 42 per cent growth in Profit Before Tax (PBT) to Rs 73.67 crore during the quarter ended March 31. 2020, from Rs 51.89 crore during the same quarter of last year. The total income for the quarter stood at Rs 418.07 crore compared to Rs 317.87 crore during same quarter of last year, an increase of 31.5 per cent.

For the whole year ended March 31, 2020, the PBT doubled to Rs 256.26 crore from Rs 127.18 crore a year ago. Total income for the whole year stood at Rs 1,546.44 crore as against

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