Ujjivan Small Finance Bank Sees Robust Deposit Growth, Steady Loan Book Expansion in Q3
2025-01-04
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Ujjivan Small Finance Bank has reported a significant 16% year-on-year (YoY) growth in total deposits, reaching ₹34,496 crore, up from ₹29,669 crore in the same period last year. This substantial increase in deposits is a testament to the bank's strong financial performance, driven by its customer-centric approach and strategic expansion plans. With a focus on digital banking and financial inclusion, USFB is well-positioned for sustained growth in the Indian banking sector, leveraging key trends in digital payments and microfinance. The bank's modest loan book expansion also reflects its commitment to responsible lending practices.
