Equitas Small Finance Bank Limited (EQUITASBNK)
Equitas Small Finance Bank Limited has informed the Exchanges regarding the update on Show Cause Notice
Show Cause Notice from GST authorities for FY 2022-23 revised after hearing.
- Original proposed amount Rs.533.81 Cr reduced to Rs.23.95 Cr
- Revised includes tax Rs.21.67 Cr, interest Rs.0.11 Cr, penalty Rs.2.17 Cr
- Reduction due to bank's submissions on interest income exemption
- Some receipts still under verification
- Bank to submit further evidence; outcome pending
Source: Original filing PDF
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🚨 EQUITASBNK — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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