ESAF Small Finance Bank posted a profit of Rs 160 crore in the second quarter, while its asset quality improved.
Profit and asset quality
The quarterly result highlights two developments at the bank: a Rs 160 crore profit and an improvement in asset quality. No further financial details were provided.
What the result shows
The reported profit marks the bank's performance for the second quarter. The improvement in asset quality is another key element of the update, although the available information does not specify the measures or figures behind that change.
Further assessment of the bank's performance would require additional details on revenue, provisions, loan growth and asset-quality ratios, which were not provided.