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Ujjivan Small Finance Bank Ltd News

Ujjivan Small Fin up 9% on selling stressed loan portfolio worth Rs 270 cr

A stress loan portfolio refers to a collection of loans held by a financial institution that is experiencing financial difficulties or signs of distress

Ujjivan Small Fin up 9% on selling stressed loan portfolio worth Rs 270 cr
Updated On : 28 Nov 2024 | 1:50 PM IST

Ujjivan Small Finance Bank looks to sell Rs 270 cr of micro-banking loans

Of the Rs 270 crore worth of loans, around Rs 208 crore are non-performing loans, and the remaining Rs 62.36 crore worth of loans have been written off by the bank

Ujjivan Small Finance Bank looks to sell Rs 270 cr of micro-banking loans
Updated On : 15 Nov 2024 | 6:13 PM IST

Bandhan, IDFC First, RBL, CSB Bank among 19 financial stocks at 52-week low

Capital Small Finance Bank, ESAF Small Finance Bank, Fedbank Financial Services and Fusion Finance have hit an all-time low in trades on Friday.

Bandhan, IDFC First, RBL, CSB Bank among 19 financial stocks at 52-week low
Updated On : 25 Oct 2024 | 3:04 PM IST

Ujjivan Small Finance Bank Q2 results: Net profit falls 29% to Rs 233 cr

Ujjivan Small Finance Bank on Thursday reported a 29 per cent decline in net profit to Rs 233 crore for the quarter ended September 2024. The lender earned a net profit of Rs 328 crore in the year-ago period. However, total income rose to Rs 1,820 crore in the quarter under review from Rs 1,580 crore in the same period a year ago, Ujjivan Small Finance Bank said in a regulatory filing. Net interest income of the bank improved to Rs 1,613 crore in the July-September quarter from Rs 1,391 crore in the September 2023 quarter. The bank's asset quality deteriorated with gross non-performing assets (NPAs) rising to 2.52 per cent of gross advances at the end of the September 2024 quarter over 2.35 per cent a year ago. However, net NPAs or bad loans declined to 0.56 per cent against 0.89 per cent in the year-ago period. The Capital Adequacy Ratio of the bank decreased to 23.38 per cent from 25.19 per cent at the end of September 2023.

Ujjivan Small Finance Bank Q2 results: Net profit falls 29% to Rs 233 cr
Updated On : 24 Oct 2024 | 4:43 PM IST

Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here?

A total of 19 stocks have declined over 20% thus far in the calendar year 2024, even as the Sensex and Nifty have rallied up to 14%; here are the key levels to watch out on these 6 stocks.

Angel One, Zee, VIP Inds: Down over 20% in 2024; how should you trade here?
Updated On : 23 Aug 2024 | 12:18 PM IST

Ujjivan SFB Q1 FY25 results: Net profit declines 7% to Rs 301 crore

The deposits grew by 22 per cent YoY to Rs 32,514 crore

Ujjivan SFB Q1 FY25 results: Net profit declines 7% to Rs 301 crore
Updated On : 25 Jul 2024 | 5:10 PM IST