Ujjivan Small Finance Bank has received an approval for sale of NPA and written-off loans to ARC i.e. microbanking pool size of Rs 270.35 crore (Rs 207.98 crore NPA (DPD 180+) and Rs 62.36 crore written off)
The Bank carries an overall provision of 85.61% on the above pool. The authorized Board Committee of the Bank at its meeting held on November 15, 2024, has approved the same.
Ujjivan Small Finance Bank (Ujjivan SFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.
