Thursday 19 Jun, 2025 03:31 PM
Site map | Locate Us | Login
   Jio Financial buys 7.90 crore JPBL shares from SBI for Rs 104.54 crore    Espire Hospitality jumps 13% in eight days    Electronics Mart India Ltd leads losers in 'A' group    Cinevista Ltd leads losers in 'B' group    Siemens Energy India lists strong, but slips 5% from opening as gains fizzle    Volumes soar at Asahi India Glass Ltd counter    Ashoka Buildcon receives LoA for $67-million project from Govt of Guyana    Jindal Stainless Ltd drops for fifth straight session    United Breweries Ltd eases for fifth straight session    MTAR Tech inks 10-year contract with weatherford products GMBH    Maruti Suzuki India Ltd gains for fifth session    B.R.Goyal Infra surges on securing Rs 64-cr sewerage system contract in Tamil Nadu    Atishay gains on securing Rs 86 lakh order from Central Co-operative Bank, Bikaner    Krishana Phoschem board OKs proposal to set-up new fertilizer plant in Madhya Pradesh    Softtech Engineers Ltd leads gainers in 'B' group 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
ESAF Small Finance Bank soars after board clears Rs 735 Cr bad loan sale to ARC
19-Jun-25   10:32 Hrs IST

The loan pool includes Rs 362.43 crore in non-performing assets (NPAs) and Rs 372.75 crore in technically written-off loans. The bank has already made a 90.15% provision against this pool, indicating limited impact on profitability.

The board has authorized its Asset Sale Committee of Executives to oversee and complete all procedural formalities related to the transaction.

The move is aimed at strengthening the bank's asset quality and improving overall operational efficiency.

Kerala-based ESAF Small Finance Bank commenced its banking operations in March 2017. It has a network of 787 banking outlets, 1106 customer service centres, 34 institutional business correspondents, 4,405 banking agents, 735 business facilitators and 693 ATMs spread across 26 states and 2 union territories.

The bank reported a standalone net loss of Rs 183.19 crore in Q4 FY25 compared with a net profit of Rs 43.35 crore in Q4 FY24. Total income fell 9.99% YoY to Rs 1,036.78 crore in Q4 FY25.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 42053366
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. SSPL Securities Private Limited