Ujjivan Small Finance Bank has posted 34.8% growth in total deposits at Rs 18,433 crore for the first quarter ended June 30, 2022 (Q1FY23) as compared to Rs 13,673 crore in Q1FY22. On a quarterly basis, the deposits were up 0.8% from Rs 18,292 crore as of March 2022. The disbursements for the quarter jumped over three-times to Rs 4,327 crore, from Rs 1,311 crore in April-June quarter of FY22. Its collection efficiency was 99% for the months of May and June.
CASA Ratio stood at 28% as of June 30, 2022 as compared to 27.3% as of March 31, 2022. CASA Deposits stood at Rs 5,153 crore as of June 30, 2022, posting a 85.8% rise in year-on-year (YoY) terms against Rs 2,773 crore as of June 30, 2021.
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.
