ESAF Bank reports net loss in fiscal year 2024-25; AGM announced

ESAF Small Finance Bank will hold its Ninth Annual General Meeting on Wednesday, September 24, 2025, at 3:00 P.M. (IST) via video conferencing. The meeting will include the adoption of standalone audited financial statements for the fiscal year 2024-2025, re-appointment of Dr. Joseph Vadakkekara Antony as non-executive director, and the appointment of M/s. Sundaram & Srinivasan as joint statutory auditors for three consecutive financial years. Shareholders can vote electronically from September 21-23, 2025.

For the fiscal year 2024-25, the Bank reported a net loss of INR 5,213.89m, a decrease from a profit of INR 4,255.68m in 2023-24. Total deposits increased by 17.16% to INR 2,32,764.4m in 2024-25 from INR 1,98,678.04m in 2023-24. Total assets grew by 4.18% to INR 2,71,782.89m, and gross advances reached INR 1,87,787.93m.

The Bank's Capital Adequacy Ratio stood at 21.84% as of March 31, 2025, above the regulatory requirement of 15.00%. Gross Non-Performing Assets (GNPA) increased to 6.87%, up from 4.76% in the previous year. The Annual Report is available on the Bank’s website.