Ujjivan Small Finance Bank key business numbers for the quarter ending December 31, 2023

Key Business Highlights for the Quarter ended December 31, 2023:

Deposits: Healthy CASA accretion

  • Total deposits grew 29%/3% YoY/QoQ to ₹ 29,869 crore from ₹ 23,203 crore/ ₹ 29,139 crore in Dec’22/ Sep’23
  • Excess system liquidity moderated further during the quarter
  • Strong traction in CASA, up 24%/8% YoY/QoQ to ₹ 7,549 crore; CASA (%) of total deposits at 25.3% vs 24.1% in Sep’23

 

Assets: Focus on growing secured book

  • Gross Loan Book* up 27%/5% YoY/QoQ to ₹ 27,791 crore from ₹ 21,895 crore/ ₹ 26,574 crore in Dec’22/ Sep’23
  • Disbursement at ₹ 5,675 crore, up 17% YoY and down 1% QoQ
  • Affordable Housing# continues its strong performance with highest ever quarterly disbursement; disbursed ₹ 595 crore up 73%/10% YoY/QoQ
  • Secured book inching up at 28.5% Vs 28.1%/ 27.5% as on Dec’22/ Sep’23 as other secured businesses like MSME, micro-mortgage has started to pick-up gradually
  • Credit to Deposit ratio at 87.7% Vs 87.4% / 85.4% as on Dec’22/ Sep’23 (excluding IBPC/ Securitisation)

Collections & Asset Quality: Continues to be strong

  • Collection continues to be healthy across all buckets
  • Credit quality continues to improve with PAR/GNPA at 3.6%/2.1% vs 3.7%/2.2% as on Sep 30, 2023 (including IBPC/Securitisation)