ESAF Small Finance Bank has made a spectacular performance during FY 2019 when it has recorded a 234% increase in its net profits in its second year of operation. A report in Banking Frontiers say the bank recorded a higher interest income and efficient NPA management. Its profit stood at Rs902.8 million during the year against Rs269.9 million in the previous year. It claims higher asset quality and higher interest returns contributed to the growth of bottom lines. And it hopes to reach the 500 mark in its branch network by 2020. Paul Thomas, who is MD & CEO of the bank, tells Banking Frontiers in an interview that the bank’s focus will remain on rural India. “We are committed to fight the partiality of prosperity and bring in financial peace. Hence, we stand as a bank for all. For finding the right balance we need both haves and have nots as our customers,” he adds. He also mentions that from the perspective of rural households, women can manage the financial matters of the households better than men. “We have a total customer base of around 3 million with more than 95% of them being women,” says he.