Ujjivan Small Finance Bank profit of Rs. 127/- Crore I
Ujjivan Small Finance Bank has a net profit of Rs. 127 crore
According to Ujjivan Small Finance Bank, for the quarter ended March 2022, the company posted a net profit of Rs. 127 / – crore and has incurred a loss for the last 3 quarters. During the quarter under review, the bank had a net profit of Rs. 137 / – crore. In September last year, the bank had planned 100 days under various project plans. The bank has done well in the meantime and has increased its collection. Net interest margin is 10.1% as against 7.9% in the previous year. Net interest income Rs. 544 crore and operating profit has increased by 40%. Bank deposits have increased by 39% to Rs. 18,292 / – crore. The share of retail depositors is 54%.
