Equitas Small Finance Bank Limited

Bank · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (CARE)
Total Debt Outstanding
₹2,485 Cr
Across 7 instruments
Listed Bonds
7
First Issue
2022-08-03
Latest Issue
2025-07-31
Maturity Range
2029 - 2035
Observation
7 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Financial Services
Issuer Type
Bank
First Tracked Bond
2022-08-03
Start of this issuer's debt program timeline
  • 7 active bonds tracked from this issuer.
  • 0 of 7 tracked bonds with a stated security status are secured. (based on 7 bonds with a disclosed security status)
  • Most recent rating action: reaffirm by CRISIL on 2026-06-19.

Equitas Small Finance Bank Limited, a bank or financial institution in the financial services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 9.20% - 11.25%, paid annual. Maturities on outstanding bonds fall between 2029 - 2035.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
7
Tracked by RetailBonds
Amount Tracked
₹2,485 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
9.65%
Range 9.20% - 11.25%
Avg Remaining Tenure
5.3 Yrs
Nearest maturity 2029-05
Secured
0%
0 of 7 bonds with known status
Callable
0
Of 7 bonds
Avg Spread vs G-Sec
+319 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (3 bonds).

0 2029: 1 bond, ₹85 Cr tracked, avg coupon 11.25% 1 bond 2029 2030: 2 bonds, ₹1,000 Cr tracked, avg coupon 9.60% 2 bonds 2030 2032: 3 bonds, ₹600 Cr tracked, avg coupon 9.30% 3 bonds 2032 2035: 1 bond, ₹800 Cr tracked, avg coupon 9.20% 1 bond 2035

Security Type / Instrument Mix

  • NCD 7 bonds · 100% · ₹2,485 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2022: ₹600 Cr issued 2022 2023: ₹85 Cr issued 2023 2024: ₹500 Cr issued 2024 2025: ₹1,300 Cr issued 2025 Cumulative: ₹600 Cr Cumulative: ₹685 Cr Cumulative: ₹1,185 Cr Cumulative: ₹2,485 Cr

Based on 7 of 7 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 6 bonds · 86%
  • A 1 bonds · 14%
AgencyRatingOutlookBonds
CARE AA 6
CRISIL AA Stable 3
CARE A Stable 1
INDIA_RATINGS AA- 1

Recent Rating Actions

2026-06-19 · CRISIL
A1
Reaffirmed
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE818W08099 ESAFSFBL-11.25%-4-5-29-PVT 11.25% A (CARE) 2029-05-04 10.50% 2026-08-27
INE063P08120 ESFBL-9.60%-31-07-30-PVT 9.60% AA (CARE) 2030-07-31
INE063P08112 ESFBL-9.6%-5-12-30-PVT 9.60% AA (CARE) 2030-12-05
INE949L08442 ASFL-9.3%-03-8-32-PVT 9.30% AA (CRISIL) 2032-08-03
INE949L08434 ASFL-9.3%-13-8-32-TIER II-PVT 9.30% AA (CRISIL) 2032-08-13
INE949L08426 ASFBL-9.3%-23-8-32-TIER II-PVT 9.30% AA (CRISIL) 2032-08-23
INE949L08459 AUSFBL-920%-28-03-35-PVT 9.20% AA (CARE) 2035-03-28 8.73% 2026-08-19
Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
19
Avg. Yield (Last 30 Days)
10.26%
06 Payment Disclosures (SEBI Reg52(4)) 1 disclosed

Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.

Due DateBondTypeAmount DueAmount PaidStatusFiling
2026-08-04 ESAFSFBL-11.25%-4-5-29-PVT Interest ₹8,100,000.00 ₹8,100,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

07 Regulatory Filings
BSE Corporate Announcements
Equitas Small Finance Bank Limited has informed the Exchanges regarding the Notice of the 10 th AGM and Annual report 2025-2026 2026-08-10
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 11 2025-08-31
Rating Actions History 1 2026-06-19
Secondary-Market Trades 41 2026-08-27
Reg52(4) Payment Disclosures 1 2026-08-04

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does Equitas Small Finance Bank Limited have?

Equitas Small Finance Bank Limited currently has 7 active bonds with coupons 9.20% - 11.25%, maturities spanning 2029 - 2035.

What is Equitas Small Finance Bank Limited's credit rating?

The most recent rating on Equitas Small Finance Bank Limited's bonds is AA (CARE), published by CARE, CRISIL, INDIA_RATINGS.

Are Equitas Small Finance Bank Limited's bonds secured?

Of the 7 bonds with a disclosed security status, 0 are secured (0%) and 7 are unsecured.

When do Equitas Small Finance Bank Limited's bonds mature?

Equitas Small Finance Bank Limited's active bonds mature between 2029 - 2035; the nearest matures in 2029-05; the average tenure is 5.3 Yrs.

What is the average coupon on Equitas Small Finance Bank Limited's bonds?

The average coupon across Equitas Small Finance Bank Limited's 7 active bonds is 9.65%.

Disclaimer: This page aggregates publicly available data about Equitas Small Finance Bank Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.