Don’t miss the latest developments in business and finance.

Capital SFB gains as records 19% YoY growth in gross advances in Q2; deposits jumps 12%

Image
Last Updated : Jan 03 2025 | 10:05 AM IST

Capital Small Finance Bank rose 1.40% to Rs 298 after the bank's gross advances jumped by 19.20% to Rs 6,816 crore as on 31 December 2024 as against Rs 5,718 crore recorded as on 31 December 2023.

Sequentially, gross advances rose 1.45% as compared to Rs 6,718 crore posted on 30 September 2024.

The bank's gross non-performing assets (NPAs) stood at 2.67% as of 31 December 2024, a marginal decline from 2.97% reported on 31 December 2023.

The total deposits of the bank increased by 12% to Rs 8,384 crore as on 31 December 2024 from Rs 7,482 crore as on 31 December 2023. Sequentially, total deposits added 7.76% from Rs 7,780 crore as of 30 September 2024.

The bank continued to maintain a high CASA ratio of 39.1% as of 31 December 2024 against 39.5% as of 31 December 2023 and 37.1% as of 30 September 2024.

The average liquidity coverage ratio (LCR) of the bank for the quarter ended 31 December 2024 stood at 81.1% against 78.4% for the quarter ended 31 December 2023 and 82.4% for the quarter ended 30 September 2024.

The average liquidity coverage ratio (LCR) for the quarter ended 31 December 2024 stood at 239.2% against 242.5% for the quarter ended 31 December 2023 and 238.0% for the quarter ended 30 September 2024.

Capital Small Finance Bank (Capital SFB) is a bank headquartered in Jalandhar, Punjab, India. The bank is presently having 177 branches spread over 5 states and 1 UT.

Also Read

The banks standalone net profit decreased marginally to Rs 30.02 crore in Q1 FY25 as against Rs 30.10 crore posted in Q1 FY24. The banks total income jumped 16.2% YoY to Rs 235.07 in Q1 FY25.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 03 2025 | 9:53 AM IST

Next Story