Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of HDFC Life Insurance, Ujjivan Small Finance Bank and Manappuram Finance today
Vinay Rajani, senior technical and derivative Analyst at HDFC Securities, recommends 'Buy' on Ujjivan Small Finance Bank and Zensar Technologies
Ujjivan SFB share price surged today after FY30 roadmap revealed a shift to secured lending, and a possible universal banking license. Analysts see up to 36 per cent upside in stock
Ujjivan SFB will raise Rs 2,000 crore through QIP in 18-24 months to fund growth towards a Rs 1-trillion loan book by FY30 while awaiting RBI's call on a universal bank licence
MD & CEO Sanjeev Nautiyal discusses microfinance recovery, secured lending push, PSL flexibility, and roadmap for universal banking licence
Nifty broke four sessions of losing streak by rising 113 points to close at 25,195. Ujjivan Small Finance Bank and ITC are the breakout stocks to watch
Ujjivan Small Finance share price lost 6.7 per cent, logging an intraday low at ₹45.83 per share after the company released its Q1 update
Stocks to buy: Arkade Developers, Aditya Birla Real Estate and Ujjivan Small Finance Bank are the top technical picks for Kunal Kamble of Bonanza Portfolio
Technical alert: Defence stock GRSE, 2 other smallcaps - HEG and Ujjivan SFB witness formation of 'Golden Cross' on the daily charts. Here's why this is a bullish sign.
Jana Small Finance Bank will join AU Small Finance Bank and Ujjivan Small Finance in the list of the small finance banks that are seeking a universal banking licence from the RBI
Ujjivan Small Finance Bank (SFB) on Wednesday reported a slump of 75 per cent in net profit to Rs 83.39 crore for three months ended March 2025, hurt by higher provisions for bad loans. The bank had posted a net profit of Rs 329.63 crore in the year-ago period. Its total income rose to Rs 1,843 crore in the January-March quarter of the financial year 2024-25 (FY25) from Rs 1,765 crore in the year-ago period, Ujjivan Small Finance Bank said in a regulatory filing. Overall provisions, excluding tax, rose to Rs 264.50 crore in the quarter under review from Rs 79 crore in the same quarter a year ago. Provision Coverage Ratio of the bank stood at 78 per cent at the end of the March 2025 quarter. The bank's total expenditure, excluding provisions, shot up to Rs 1,483 crore from Rs 1,246 crore. On the asset quality front, the bank's gross non-performing assets ratio improved to 2.18 per cent against 2.23 per cent a year ago. However, net NPAs, or bad loans, rose to 0.49 per cent from 0.2
Technical chart suggests that Valor Estate (former DB Realty) can potentially zoom over 30%, while other smallcap stock - Ujjivan SFB can rally over 14% from present levels.
Credit-deposits ratio declined to 85.4% as of 31st March 2025 as compared with 94.7% as of 31st March 2024
ARCIL's bid translates into a recovery of 9% for the lender
The reversal in risk weights on MFI loans from 125 per cent to 100 per cent and 75 per cent will help reduce risk weighted assets or RWAs for banks
Anchor bid translates to nearly 90% haircut for lender
The Reserve Bank on Friday said it has imposed penalties totalling Rs 68.1 lakh on two banks -- Nainital Bank and Ujjivan Small Finance Bank -- for contravention of regulatory norms. A penalty of Rs 61.40 lakh was imposed on Nainital Bank Ltd for non-compliance with certain directions on Interest Rate on Advances' and Customer Service in Banks', RBI said in a statement. Further, RBI imposed a penalty of Rs 6.70 lakh on Ujjivan Small Finance Bank for non-compliance with certain directions issued by RBI on Loans and Advances - Statutory and Other Restrictions'. RBI also levied a penalty of Rs 5.80 lakh on Shriram Finance, a non-banking entity, for non-compliance with certain provisions, including Know Your Customer (KYC ) guidelines and directions on Data Format for Furnishing of Credit Information to Credit Information Companies'. The penalties are based on the deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement .
Ujjivan SFB is the second lender after AU SFB to seek a voluntary transition into a universal bank
Ujjivan Small Finance Bank on Thursday reported a 64 per cent drop in net profit to Rs 103 crore for the third quarter ended December 2024, as provisions for bad loans increased. The lender earned a net profit of Rs 300 crore in the year-ago period. However, the total income rose to Rs 1,763 crore in the quarter under review from Rs 1,655 crore a year ago, Ujjivan Small Finance Bank said in a regulatory filing. The bank would soon move the Reserve Bank for transition to a universal bank, having received approval from the board. The interest income of the bank improved to Rs 1,591 crore in the quarter from Rs 1,471 crore in the same quarter a year ago. The bank's asset quality deteriorated, with gross non-performing assets (NPAs) rising to 2.68 per cent of gross advances at the end of the December 2024 quarter from 2.18 per cent a year ago. Its net NPAs or bad loans also rose to 0.56 per cent against 0.17 per cent in the year-ago period. Provisions other than tax and contingencie
A stress loan portfolio refers to a collection of loans held by a financial institution that is experiencing financial difficulties or signs of distress