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Ujjivan Small Finance Bank's net loss narrows to Rs 34 crore in Q3

07 Feb 2022 Evaluate

Ujjivan Small Finance Bank has reported results for third quarter ended December 31, 2021.

The bank has reported net loss of Rs 33.83 crore for the quarter under review as compared to net loss of Rs 278.83 crore for the same quarter in the previous year. However, total income of the bank increased by 1.60% at Rs 798.69 crore for Q3FY22 as compared Rs 786.14 crore for the corresponding quarter previous year.

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.

 

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