Ujjivan Small Finance Bank Gross registered a growth of 44 percent loan Book at the end of Rs 20,938 crore september 2022 powered by micro, affordable housing and personal lending. Advances are up 22 per cent from Rs 14,514 crore as of September 2021, up 56 per cent year-on-year to Rs 4,867 crore as of September 2021 due to continued growth in disbursements, the bank said.

“Bank crosses Rs 20,000 crore milestone in both advances and deposits showing strong growth,” Ujjivan SFB said in a regulatory filing on Thursday.

It said deposits grew 45 per cent to Rs 20,389 crore, driven by a strong momentum in retail deposits, which were up 71 per cent.

The company has 54 percent in micro group loans, 45 percent in personal loans, 33 percent in affordable housing and MSE from 31 percent.

However, agriculture and allied sectors saw a decline of 27 per cent in the gross loan book to Rs 139 crore as of September 30, 2022.

The gross loan book saw a 56 per cent growth in disbursements for the second quarter to Rs 4,867 crore as against Rs 3,122 crore till Q2FY21. In terms of deposits, the retail component grew by 71 per cent to Rs 12,416 crore at the end of September 2022.

The current account savings account (CASA) component of the bank grew 73 per cent to Rs 5,492 crore as against Rs 3,166 crore. casa The ratio stood at 26.9 percent. Ujjivan SFB said that its collection efficiency has been maintained at over 99 per cent, restructured and NPA Books showing healthy collection.

The bank continues to focus on the stressed bucket and reduce incremental overdues, it said.

On asset quality, it expects gross non-performing assets (GNPA) to be at 4.4 per cent as against 5.4 per cent in the quarter.

The lender said the figures relating to Q2FY23 are provisional and subject to audit/ limited review by the statutory auditors of the bank.