Capital Small Finance Bank offers financial services, including loans to the agriculture sector, MSMEs, and mortgage services. It operates via 173 branches.
As of Sep 30, 2023, nearly all the loan advances (99.9 per cent) were backed by securities and most of these (84.3 per cent) were secured with immovable property.
The share of retail deposits in total bank deposits was 93.6 per cent as of Sep 30, 2023. It has been consistently over 90 per cent in the last three years.
Compared to peers, the bank's provision coverage ratio (PCR) is inadequate - 51.5, 46.0 and 46.1 per cent for FY23, FY22 and FY21, respectively.
Capital Small Finance Bank operates in a competitive environment. NBFCs, fintechs, and other small finance banks are trying to attract borrowers.
Is the bank's capital adequacy ratio more than 15 per cent? Yes. It reported a capital adequacy ratio of 20.7 per cent as of Sep 30, 2023.