ESAF Small Finance Bank on Friday reported 52 per cent decline in June quarter net profit at Rs 63 crore due to increase in bad loans.
The Kerala-based lender had earned a net profit of Rs 130 crore in the year-ago period.
However, total income increased to Rs 1,138 crore from Rs 992 crore a year ago, ESAF Small Finance Bank said in a regulatory filing.
Interest income grew to Rs 1,022 crore during the period under review, from Rs 899 crore a year ago.
The bank's asset quality worsened with Gross... Читать дальше...