Ujjivan Small Finance Bank trades jubilantly on reporting 43% rise in total deposits during Q2FY24
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Ujjivan Small Finance Bank is currently trading at Rs. 60.91, up by 4.08 points or 7.18% from its previous closing of Rs. 56.83 on the BSE.
The scrip opened at Rs. 59.81 and has touched a high and low of Rs. 61.14 and Rs. 57.90 respectively. So far 2981269 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 61.14 on 06-Oct-2023 and a 52 week low of Rs. 22.75 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 61.14 and Rs. 54.39 respectively. The current market cap of the company is Rs. 11528.21 crore.
The promoters holding in the company stood at 73.67%, while Institutions and Non-Institutions held 10.97% and 15.36% respectively.
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.
