The Board of Equitas Small Finance Bank at its meeting held on 24 April 2024 has approved the change in directorate as follows - Arun Ramanathan will cease to be the Part-time Chairman and Independent Director of the Bank from the close of business hours on 24 April 2024 consequent to the cessation of his term of appointment. Anil Kumar Sharma (DIN: 08537123) has been appointed as an Additional Director (Independent) and Part-time Chairman of the Bank for a period of five (5) years with effect from 25 April 2024. Powered by Capital Market - Live News

Equitas Small Finance Bank announced that the Board of Directors of the Company at its meeting held on 24 April 2024, has recommended a Final dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Equitas Small Finance Bank rose 9.25% to Rs 207.62 crore in the quarter ended March 2024 as against Rs 190.04 crore during the previous quarter ended March 2023. Total Operating Income rose 25.00% to Rs 1444.65 crore in the quarter ended March 2024 as against Rs 1155.73 crore during the previous quarter ended March 2023.For the full year,net profit rose 39.29% to Rs 798.96 crore in the year ended March 2024 as against Rs 573.59 crore during the previous year ended March 2023. Total Operating Income rose 31.83% to Rs 5486.40 crore in the year ended March 2024 as against Rs 4161.88 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income1444.651155.73 25 5486.404161.88 32 OPM %47.5240.74 -48.6941.24 - PBDT268.15260.79 3 1063.12768.80 38 PBT268.15260.79 3 1063.12768.80 38 NP207.62190.04 9 798.96573.59 39 Powered by Capital Market - Live News

Equitas Small Finance Bank will hold a meeting of the Board of Directors of the Company on 24 April 2024.Powered by Capital Market - Live News

Equitas Small Finance Bank has received approval of the Reserve Bank of India for the appointment of Anil Kumar Sharma (DIN: 08537123), former Executive Director, Reserve Bank of India as Part-time Chairman of the Bank for a period of three (3) years with effect from 25 April 2024, consequent to the cessation of tenure of the present Part-time Chairman of the Bank Arun Ramanathan (DIN:00308848) on 24 April 2024.Powered by Capital Market - Live News