Ujjivan Small Finance Bank Operating Performance

Ujjivan Small Finance Bank Ltd

has reported a strong operating performance, marked by healthy growth across deposits, advances and disbursements. Total deposits increased 29.2% YoY to ₹50,649 crore, indicating sustained traction in deposit mobilisation and supporting the bank’s funding base. CASA deposits grew 22.2% YoY to ₹13,182 crore. While CASA growth remains healthy, it has trailed overall deposit growth, making the deposit mix and cost of funds important metrics to monitor going forward. On the lending side, the gross loan book expanded 32.1% YoY to ₹45,699 crore. A particularly encouraging development is the 47% YoY growth in the secured portfolio to ₹23,773 crore. This suggests that Ujjivan SFB continues to diversify its loan book towards secured products, which could gradually reduce its dependence on unsecured microfinance lending and improve portfolio resilience. Disbursements also remained robust, rising 33.1% YoY to ₹10,560 crore, providing a strong base for future loan-book growth. Asset-quality indicators, however, deserve close attention. Portfolio at Risk (PAR) stood at 3.57%, while GNPA was 2.10%. These levels should be tracked alongside credit costs and slippages to assess whether rapid loan growth is being achieved without compromising underwriting quality. Encouragingly, micro-banking collection efficiency remained very strong at 99.72%, indicating healthy repayment behaviour in the underlying portfolio. Overall, the numbers point to strong balance-sheet expansion, rapid secured-book growth and robust collections. The increasing share of secured lending is strategically positive, while asset quality, credit costs, CASA mix and funding costs remain the key monitorables for determining the sustainability and profitability of this growth trajectory.