Ujjivan Small Finance Bank shines as its gross loan book reports 24% rise in Q4FY24
Ujjivan Small Finance Bank is currently trading at Rs. 55.49, up by 1.22 points or 2.25% from its previous closing of Rs. 54.27 on the BSE.
The scrip opened at Rs. 54.59 and has touched a high and low of Rs. 55.99 and Rs. 53.65 respectively. So far 1536320 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 62.99 on 11-Dec-2023 and a 52 week low of Rs. 25.98 on 10-Apr-2023.
Last one week high and low of the scrip stood at Rs. 55.99 and Rs. 45.07 respectively. The current market cap of the company is Rs. 10869.25 crore.
The promoters holding in the company stood at 73.60%, while Institutions and Non-Institutions held 7.69% and 18.71% respectively.
Ujjivan Small Finance Bank’s gross loan book stood at Rs 29,779 crore (provisional) as of March 31, 2024 (Q4FY24), posting a 24% rise in year-on-year (YoY) terms against Rs 24,085 crore as of March 31, 2023. Total deposits grew 24% to Rs 31,650 crore (provisional) as of March 31, 2024, as compared to Rs 25,538 crore as of March 31, 2023.
CASA deposits stood at Rs 8,332 crore (provisional) as of March 31, 2024, posting a 24% rise in year-on-year terms against Rs 6,744 crore as of March 31, 2023. Its disbursements stood at Rs 6,681 crore (provisional) as of March 31, 2024, posting a 11% rise in year-on-year terms against Rs 6,001 crore as of March 31, 2023.
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.