In financial year 2022, the net profit of small finance banks in India amounted to over 9.7 billion Indian rupees. It was a significant decline in profits compared to fiscal year 2021, wherein a profit of 20 billion rupees had incurred. Earlier, the abrupt growth in profits was mainly attributed to improved asset quality, leading to significant contractions in provision and contingencies requirements.
Net profit of small finance banks in India from financial year 2019 to 2022
(in billion Indian rupees)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Reserve Bank of India. (December 27, 2022). Net profit of small finance banks in India from financial year 2019 to 2022 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1253940/india-small-finance-banks-net-profit/
Reserve Bank of India. "Net profit of small finance banks in India from financial year 2019 to 2022 (in billion Indian rupees)." Chart. December 27, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1253940/india-small-finance-banks-net-profit/
Reserve Bank of India. (2022). Net profit of small finance banks in India from financial year 2019 to 2022 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1253940/india-small-finance-banks-net-profit/
Reserve Bank of India. "Net Profit of Small Finance Banks in India from Financial Year 2019 to 2022 (in Billion Indian Rupees)." Statista, Statista Inc., 27 Dec 2022, https://www.statista.com/statistics/1253940/india-small-finance-banks-net-profit/
Reserve Bank of India, Net profit of small finance banks in India from financial year 2019 to 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1253940/india-small-finance-banks-net-profit/ (last visited November 21, 2024)
Net profit of small finance banks in India from financial year 2019 to 2022 (in billion Indian rupees) [Graph], Reserve Bank of India, December 27, 2022. [Online]. Available: https://www.statista.com/statistics/1253940/india-small-finance-banks-net-profit/