ESAF Bank Q3: Deposits Surge 7%, Advances Jump 13%; New Chairman Appointed

• ESAF Small Finance Bank reported a 7.10% YoY increase in deposits to ₹24,006 crore and a 13.06% YoY rise in gross advances to ₹20,680 crore for Q3 FY26.
• CASA deposits grew 7.83% YoY to ₹6,030 crore, improving the CASA ratio to 25.12% as of December 31, 2025.
• Retail and other loans surged 57.95% YoY to ₹13,097 crore, while micro-loans declined. Secured advances now constitute 63.33% of gross advances.
• The bank sold non-performing assets worth ₹1,693.65 crore to ARCs for ₹183.18 crore and undertook technical write-offs.
• Karthikeyan Manickam was appointed as the new part-time chairman, succeeding Ravimohan Periyakavil Ramakrishnan.

Why It Matters: ESAF Bank shows strong Q3 growth in deposits and advances, shifts loan portfolio, and appoints new chairman.