The lender reported a 19.8% growth in its deposits to ₹9,317 crore at the end of the September quarter, in comparison to the ₹7,780 crore it reported during the same quarter last year.
In comparison to the June quarter figure of ₹9,110 crore, the deposit growth stood at 2.3% for Capital Small Finance Bank.
Gross advances for the quarter grew by 17.7% to ₹7,907 crore from ₹6,718 crore in the year-ago period. Disbursements or new lending for the quarter increased to ₹805 crores, marking a 36.2% growth from ₹591 crores disbursed in the same quarter last year.
Asset quality remained stable. Gross NPA stood at 2.7% at the end of the September quarter, which is the same as the 2.7% it reported at the end of the June quarter.
“This reflects the Bank’s consistent emphasis on prudent underwriting, robust recovery mechanism, and a well-secured, diversified & granular loan book that continues to demonstrate strong repayment behavior,” the management said in an exchange filing.
CASA ratio for the lender declined to 33.9% from 35.9% at the end of the June quarter, despite the broader industry shift towards term deposits in a low interest rate environment.
“The Bank continue to successfully preserve a robust CASA base, reflecting both the stickiness of its retail depositors and the strength of its franchise-led trust,” Capital Small Finance Bank said in its statement.
Capital Small Finance Bank’s average credit-deposit ratio stood at 81.5% compared to 80.9% in the previous quarter and 82.4% for the quarter ended September 30, 2024.
Liquidity Coverage Ratio at the end of the quarter stood at 234.9% from 238.1% in the year-ago period.
Shares of Capital Small Finance Bank are trading 1.6% higher at ₹288. The stock still trades 38% below its IPO price of ₹468 but has remained little changed in the last one month.
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