Ujjivan Small Finance Bank Ltd. [BSE: 542904; NSE: UJJIVANSFB] delivered a strong performance in Q3FY25, with its gross loan book rising 10% year-on-year (YoY) to ₹30,466 crore. Secured loans now make up 39% of the portfolio, a notable increase from 35% in September 2024, driven by a 52% YoY growth in the secured book.
The bank’s deposits grew 16.3% YoY to ₹34,494 crore, supported by a 15% rise in CASA, which now accounts for 25.1% of total deposits. Collection efficiency stood at 96%, while GNPA and NNPA were contained at 2.7% and 0.6%, respectively, backed by an 80% provision coverage ratio.
In Kolkata, Ujjivan’s focus on secured lending and competitive rates for group and individual loans has resonated with local traders and salaried professionals. The bank’s targeted approach to affluent segments, coupled with structural changes in its liability strategy, has strengthened its foothold in the city’s financial ecosystem. MD & CEO Sanjeev Nautiyal highlighted the bank’s progress: “Our diversification strategy is delivering results, with secured loans contributing 39% of the portfolio. We remain committed to responsible lending and enhancing our offerings.”
