ESAF Small Finance Bank's total business crosses US$ 5.44 billion
- IBEF
- June 15, 2026
ESAF Small Finance Bank has crossed Rs. 50,000 crore (US$ 5.44 billion) in total business as of June 11, 2026, marking a significant milestone in its growth journey. According to a regulatory filing, the bank’s total business comprising deposits and advances reached Rs. 50,029 crore (US$ 5.44 billion). Total deposits stood at Rs. 26,197 crore (US$ 2.85 billion), while gross advances were recorded at Rs. 23,832 crore (US$ 2.59 billion). The achievement highlights the lender’s continued expansion across retail, microfinance and rural banking segments, supported by a growing customer base and an extensive branch network. The milestone also underscores the bank’s ability to maintain balanced growth in both liabilities and assets while strengthening its presence in underserved markets.
The business expansion comes alongside an improvement in the bank’s financial performance. For the quarter ended March 2026, ESAF Small Finance Bank reported a net profit of Rs. 24 crore (US$ 2.77 million), compared with a net loss of Rs. 183 crore (US$ 21.09 million) in the corresponding period of the previous year. The bank also reported higher income during the quarter, reflecting stronger operating performance and improved asset quality. Crossing the Rs. 50,000 crore (US$ 5.44 billion) business mark is a notable achievement for a small finance bank and demonstrates ESAF’s progress in deepening financial inclusion while scaling its banking operations. The development is expected to support the bank’s long-term growth ambitions and strengthen its position in India’s small finance banking sector.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
Partners
