Ujjivan Small Finance Bank has reported 43% rise in total deposits to Rs 29,134 crore (Provisional) as of September 30, 2023 (Q2FY24) as compared to Rs 20,396 crore as of September 30, 2022 and on quarter-on-quarter (QoQ) basis stood at Rs 26,660 crore as of June 2023.
Its CASA increased 27% to Rs 7,006 crore as of September 30, 2023, as compared to Rs 5,496 crore on a yearly basis and on a quarterly basis stood at Rs 6,556 crore as of June 2023. CASA Ratio stood at 24.0% as of September 30, 2023 as compared to 24.6% as of June 30, 2023. The bank’s disbursements stood at Rs 5,749 crore in Q2FY24 as compared to Rs 4,868 crore in Q2FY23, i.e. up by 18%.
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.
