Ujjivan Small Finance Bank (USFB) has reported results for third quarter ended December 31, 2022.
The Bank has reported net profit at Rs 293.19 crore for Q3FY23 as compared to net loss of Rs 33.83 crore for the corresponding quarter previous year. Total income of the Bank increased by 50.38% to Rs 1220.54 crore for the quarter under review as compared to Rs 811.66 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.