Ujjivan Financial Services provides business update

Records robust collection rate of 91% in November 2016

Ujjivan Financial Services has recorded robust collection rate of 91% in November 2016, even when the cash dominated microfinance sector was reeling under the stress of demonetization.

Ujjivan disbursed loans worth Rs 553 crore in November out of which 65% was in cash and 35% was cashless.

Powered by Capital Market - Live News