ESAF Small Finance Bank has shared its key business updates for Q2 FY27. As on September 30, 2026, the bank's total deposits grew 24.34% year-on-year to ₹28,466 Crore, while gross advances grew 25.05% year-on-year to ₹23,931 Crore.
The numbers are provisional and subject to limited review by statutory auditors. The bank disclosed the update on October 1, 2026.
Key Highlights Of The Announcement
Who Is Reporting
ESAF Small Finance Bank Limited, NSE Symbol ESAFSFB and BSE Code 544020.
What Are The Deposit Numbers
Total deposits stood at ₹28,466 Crore as on September 30, 2026 against ₹22,894 Crore last year — up 24.34% YoY and up 5.73% QoQ from ₹26,924 Crore as on June 30, 2026. Term deposits grew 29.52% YoY to ₹21,821 Crore. CASA deposits grew 9.91% YoY to ₹6,645 Crore against ₹6,046 Crore last year, with 5.53% growth QoQ. CASA ratio is 23.34% now versus 26.41% a year ago.
What Are The Advances Numbers
Gross advances stood at ₹23,931 Crore as on September 30, 2026 versus ₹19,137 Crore last year — up 25.05% YoY and 3.08% QoQ from ₹23,215 Crore. Micro loans were ₹8,331 Crore, up 12.19% YoY but down 4.60% QoQ. Retail and other loans were ₹15,600 Crore, up 33.21% YoY and 7.72% QoQ.
When Is This For
Quarter ended September 30, 2026 — Q2 FY27. Comparison given for September 30, 2025 and June 30, 2026.
Where Does Total Business Stand
Total business including IBPC stands at ₹53,447 Crore as on September 30, 2026 against ₹42,031 Crore a year ago. Advances including IBPC stood at ₹24,981 Crore, up 30.54% YoY and 3.16% QoQ from ₹24,215 Crore.
How Is The Loan Mix Changing
MARG — MSME, Agri, Retail and Gold Loan — advances grew 38% YoY and stands at ₹13,938 Crore. Secured advances now form 65.19% of gross advances versus 61.20% last year. CD ratio is 84.07% now versus 83.59% last year. Bank did a technical write-off of NPAs of ₹625 Crore in Q2 — without that gross advances would have been ₹24,556 Crore, with 28.32% YoY growth and 5.78% QoQ growth. Disbursements were stable at ₹16,608 Crore in FY27 versus ₹16,607 Crore in FY26.
Inside The Announcement - Full Details
Deposits Breakup
Term deposits stood at ₹21,821 Crore, up 29.52% YoY from ₹16,848 Crore and up 5.79% QoQ from ₹20,627 Crore. CASA deposits stood at ₹6,645 Crore, up 9.91% YoY from ₹6,046 Crore. CASA ratio came in at 23.34% as on September 30, 2026 compared to 26.41% a year ago and 23.39% as on June 30, 2026.
Advances And Write-Off Details
Gross advances as reported stood at ₹23,931 Crore. The bank disclosed that it carried out a technical write-off of NPAs of ₹625 Crore in Q2 FY27. Excluding this write-off, gross advances would have been ₹24,556 Crore, reflecting 28.32% YoY growth and 5.78% QoQ growth. Retail and other loans at ₹15,600 Crore grew 33.21% YoY, while micro loans at ₹8,331 Crore declined 4.60% QoQ.
Distribution Network
As on September 30, 2026, the bank had 831 branches, 722 ATMs and 1060 Customer Service Centres across 24 states and 2 union territories.
Business Performance
| Particulars (₹ In Crore) | 30-Sep-26 | 30-Sep-25 | Y-o-Y | 30-Jun-26 | Q-o-Q |
|---|---|---|---|---|---|
| Term Deposits | ₹21,821 | ₹16,848 | 29.52% | ₹20,627 | 5.79% |
| CASA | ₹6,645 | ₹6,046 | 9.91% | ₹6,297 | 5.53% |
| CASA Ratio | 23.34% | 26.41% | - | 23.39% | - |
| Total Deposits | ₹28,466 | ₹22,894 | 24.34% | ₹26,924 | 5.73% |
| Micro Loans | ₹8,331 | ₹7,426 | 12.19% | ₹8,733 | -4.60% |
| Retail And Other Loans | ₹15,600 | ₹11,711 | 33.21% | ₹14,482 | 7.72% |
| Gross Advances | ₹23,931 | ₹19,137 | 25.05% | ₹23,215 | 3.08% |
| Advances Including IBPC | ₹24,981 | ₹19,137 | 30.54% | ₹24,215 | 3.16% |
| Total Business Including IBPC | ₹53,447 | ₹42,031 | 27.16% | - | - |
About ESAF Small Finance Bank
ESAF Small Finance Bank operates as a scheduled commercial bank with a small finance bank licence. The bank offers deposits, loans and other banking products. Its loan book includes micro loans, MSME loans, agri loans, retail loans and gold loans.
As of September 30, 2026, the bank has a network of 831 branches, 722 ATMs and 1,060 Customer Service Centres spread across 24 states and 2 union territories in India.
Conclusion
For Q2 FY27, ESAF Small Finance Bank reported provisional total deposits of ₹28,466 Crore, up 24.34% YoY, and gross advances of ₹23,931 Crore, up 25.05% YoY. After adjusting for ₹625 Crore technical write-off, advances would be ₹24,556 Crore. With MARG advances at ₹13,938 Crore, secured book at 65.19% and total business at ₹53,447 Crore across 831 branches, the bank closed Q2 with steady growth.