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Home » Ujjivan gross loan book grows 32%

Ujjivan gross loan book grows 32%

NT BureauBy NT BureauJanuary 24, 2019No Comments
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Chennai: Ujjivan Financial Services Ltd, the holding company and promoter of Ujjivan Small Finance bank, has announced its consolidated financial performance for the third quarter.

A release from the financial firm stated that its loan book is at Rs 9,349 crore, a growth of 31.8 per cent over Q3 FY18. Net loan book was at Rs 9,073 crore, a growth of 31 per cent year-on-year (y-o-y).

The non-MFI portfolio now contributes 13.4 per cent to the portfolio against 5.5 per cent in Q3-FY18, the release said and added that disbursement for Q3-FY19 was at Rs 2,885 crore; an increase of 35.2 per cent.

Deposit base for the finserv is at Rs 5,376 crore in Q3-FY19 covering 58 per cent of total advances against 35 per cent in Q3 FY18, the release said.

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