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SFB Deposits Surge 25% to Rs 48,129 Cr
24 Jul
Summary
- Deposits grew 25% year-on-year to Rs 48,129 crores.
- Gross loan book increased by 28.9% to Rs 42,903 crores.
- Asset quality improved with GNPA at 2.17% and PCR at 85%.
Ujjivan Small Finance Bank has announced strong financial results for the period ending June 26, 2026. Deposits experienced a significant year-on-year growth of 25%, totaling Rs 48,129 crores. This growth was further bolstered by a 37.8% increase in CASA deposits, reaching Rs 12,930 crores. The bank's gross loan book expanded by 28.9% year-on-year to Rs 42,903 crores, with secured loans growing by 42.7% and microbanking by 16.8%.
Asset quality metrics showed marked improvement, with the Gross Non-Performing Asset (GNPA) ratio decreasing to 2.17% and the Provision Coverage Ratio (PCR) strengthening to 85%. The bank reported a Profit After Tax of Rs 317 crores, with a Return on Equity (ROE) of 18.2%. Net Interest Income stood at Rs 1,186 crores, while Net Interest Margin remained stable at 8.5%.
In line with its expansion strategy, Ujjivan Small Finance Bank operationalized 38 new branches, bringing its total network to 814 branches as of June 26. The bank also highlighted substantial growth in specific loan segments, including affordable housing loans (up 40.8%), MSME portfolios (up 54%), and vehicle loans (up 85.1%). The credit cost guidance for FY27 was revised to 0.9% to 1% of average total assets.
