News

CASA deposits stood at Rs 8,332 crore (provisional) as of March 31, 2024, posting a 24% rise in year-on-year terms against Rs 6,744 crore as of March 31, 2023

CASA Ratio stood at 28% as of June 30, 2022 as compared to 27.3% as of March 31, 2022

The disbursements for the quarter increased 56% to Rs 4,867 crore, from Rs 3,122 crore in July-September quarter of FY22

Its CASA increased 27% to Rs 7,006 crore as of September 30, 2023, as compared to Rs 5,496 crore on a yearly basis

Total income of the bank increased by 62.89% to Rs 1139.83 crore for Q2FY23

The Board of Directors of the Bank, in its meeting held on June 08, 2022 has considered and approved the same

’Hello Ujjivan’, co-created with Navana.AI, is accessible by voice in eight languages

These services will be offered within the operational proximity of each branch

The Committee of Directors (Authorized Board Committee) of the Bank on September 09, 2022 has approved the same

Total income of the bank increased by 40.98% at Rs 1,363.89 crore for Q4FY23

With this program, Ujjivan SFB aims to further deepen customer engagement and experience by offering attractive and personalized benefits

A meeting of the Merger and Placement Committee of the board is scheduled to be held on September 15, 2022 to consider and approve the issue price

The meeting of the Merger and Placement Committee of the board of directors approved the closure of the issue period for the issue on September 15, 2022

The Bank has also increased the interest rates on fixed deposits by up to 1.5 percent

Reserve Bank of India imposed penalty for non-compliance with regulatory norms

The Bank carries an overall provision of 85.61% on the above pool

These new offerings aim to improve the banking experience for both new and existing customers by providing a variety of services and benefits

The collaboration will enable SMC Global to expand its client base by tapping into Ujjivan SFB’s extensive pan-India presence, serving over 76 lakh customers

Total income of the company increased by 42.16% at Rs 1,464.10 crore for Q1FY24

Total income of the bank increased by 38.60% at Rs 1,579.78 crore for Q2FY24

The initiative aims to give financial independence to women in Tier-II and III Indian cities through a redesigned version of ‘Shagun Ka Lifafa’