Ujjivan Small Finance Bank Reports 16% Deposit Growth in Q3 FY25

Ujjivan Small Finance Bank Ltd reported its key business highlights for the quarter ended December 31, 2024.

Total Deposits

As of December 31, 2024, the total deposits stood at ₹34,496 crore, reflecting a 16% year-on-year growth compared to ₹29,669 crore in the same period in 2023. The CASA (Current Account Savings Account) deposits grew by 15%, reaching ₹8,657 crore from ₹7,556 crore a year ago. The Credit-Deposit Ratio, however, saw a decline from 94% in December 2023 to 88% in December 2024.

Loan Book

As of December 31, 2024, the gross loan book stood at ₹30,466 crore, marking a 10% year-on-year growth compared to ₹27,743 crore in the same period of 2023.

As of December 31, 2024, the portfolio at risk (PAR) stood at 5.4%, reflecting an increase from 5.1% in September 2024 and 3.6% in December 2023. Additionally, the gross non-performing assets (GNPA) ratio was 2.7%, up from 2.5% in September 2024 and 2.1% in December 2023, indicating a slight deterioration in asset quality.

On a positive note, collection efficiency remained strong, with the overall collection efficiency (including foreclosure/advance collections) at 106% in December 2024, improving slightly from 105% in November 2024 and matching the 106% level in October 2024. The standard collection efficiency stood at 96% in December, maintaining stability from the previous month.

On January 6, 2025, Ujjivan Small Finance Bank share price opened at ₹35.04, touching the day’s low at ₹33.91, as of 10:18 AM on the NSE.

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