Ujjivan Small Finance Bank has reported results for second quarter ended September 30, 2022.
The bank has reported net profit of Rs 294.29 crore for Q2FY23 as against net loss of Rs 273.79 crore for the corresponding quarter previous year. Total income of the bank increased by 62.89% to Rs 1,139.83 crore for the quarter under review as compared to Rs 699.74 crore for the same quarter in the 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.
