Ujjivan Small Finance Bank Ltd. reported an advance of 22% in deposits at Rs 32,500 crore in the April–June quarter, according to provisional figures released by the bank.
The bank's gross loan book rose 19% on a yearly basis to Rs 30,091 crore in the first quarter, as compared to Rs 25,326 crore in the same period last year, according to an exchange filing on Thursday.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
CASA ratio—the proportion of deposits that come from low-cost current and savings accounts—rose to 25.6% from 24.6% in the year ago period. A higher CASA ratio indicates a lower cost of funds, since lenders don't usually give any interest on current account deposits and the interest on saving accounts is low.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
The bank reported loan disbursements at Rs 5,305 crore in comparison to Rs 5,284 in the year-ago period. The gross non-profit asset percentage was at 2.3%.
Shares of Ujjivan Small Finance Bank closed 0.45% lower at Rs 52.66 apiece, as compared to a 0.06% advance in the NSE Nifty 50.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
