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Equitas SFB Q2 FY20 Key Ratios Analysis by beza manoj is a document available to read on EtoBox.

This document initiates coverage on Equitas Small Finance Bank Ltd with a "Buy" rating and 12-month target price of Rs. 52, representing a 20% return. Key points: 1) Equitas SFB has a loan book that has grown at a CAGR of 18% and a retail deposit base that has increased, with the CASA ratio improving to 52%. 2) Asset quality is expected to gradually improve with NPAs of 4.0% and restructured loans at 1.9% of total loans. 3) A proposed reverse merger with its parent Equitas Holdings will help the bank c

Author

beza manoj

Language

EN