Ujjivan Small Finance Bank zooms on reporting 45% growth in deposits in Q2FY23
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Ujjivan Small Finance Bank is currently trading at Rs. 25.05, up by 0.65 points or 2.66% from its previous closing of Rs. 24.40 on the BSE.
The scrip opened at Rs. 24.60 and has touched a high and low of Rs. 26.40 and Rs. 24.60 respectively. So far 1567285 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.40 on 07-Oct-2022 and a 52 week low of Rs. 13.50 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 26.40 and Rs. 21.70 respectively. The current market cap of the company is Rs. 4954.67 crore.
The promoters holding in the company stood at 83.32%, while Institutions and Non-Institutions held 0.83% and 15.85% respectively.
Ujjivan Small Finance Bank has posted 45% growth in total deposits at Rs 20,389 crore for the second quarter ended September 30, 2022 (Q2FY23) as compared to Rs 14,090 crore in Q2FY22. On a quarterly basis, the deposits were up 11% from Rs 18,449 crore as of June 2022. The disbursements for the quarter increased 56% to Rs 4,867 crore, from Rs 3,122 crore in July-September quarter of FY22.
CASA ratio stood at 26.9% as of September 30, 2022 as compared to 22.5% as of September 30, 2021. CASA Deposits stood at Rs 5,492 crore as of September 30, 2022, posting a 73% rise in year-on-year (YoY) terms against Rs 3,166 crore as of September 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.
