Ujjivan Small Finance Bank has reported results for second quarter ended September 30, 2021.
The bank has reported net loss at Rs 273.79 crore for the quarter under review as compared to net profit of Rs 96.00 crore for the same quarter in the previous year. Total income of the bank decreased by 15.14% at Rs 691.93 crore for Q2FY22 as compared Rs 815.40 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the July-September quarter of the current fiscal increased to 11.80%, as compared to 0.98% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 3.29% in Q2FY22.
