Ujjivan Small Finance Bank’s total deposits grew 34% to Rs 15600 crore as of December 31, 2021 (Q3FY22), as compared to Rs 11600 crore on a yearly basis. On a quarterly basis, the deposits were up 10% from Rs 14100 crore as of September 2021.
Retail deposits stood at Rs 8300 crore as of December 31, 2021, posting a 48.21% rise in year-on-year (YoY) terms against Rs 5600 crore as of December 31, 2020 and in quarter-on-quarter (QoQ) basis stood at Rs 7300 crore in September 2021. CASA Ratio stood at 26% as of December 31, 2021 versus 22% as of September 30, 2021. CASA (current account savings account) jumped 95.24% to Rs 4100 crore as against Rs 2100 crore.
Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.
