Chennai:Â Ujjivan Small Finance Bank has revealed its business highlights for the quarter ended December 31, 2024. The highlights demonstrate considerable increase in deposits and lending across key areas despite a challenging economic situation.
According to the bank’s regulatory filings with the Bombay Stock Exchange and the National Stock Exchange of India, total deposits increased by 16% YoY to ₹34,496 crore as on December 31, 2024, from ₹29,669 crore during the same period the previous year. Additionally, deposits into the Current Account Savings Account (CASA) increased by 15% to ₹8,657 crore.
The bank’s secured loan book currently accounts for 40% of its total portfolio, up from 28% in December 2023, indicating a focus on increasing asset quality. Growth in categories such as affordable housing and MSME shows a strategic shift towards more sustainable and diverse lending methods
Key Business Highlights for the Quarter ended December 31, 2024:
Deposits:
Particulars (₹ in crore) |
Dec 31, 2024 |
Dec 31, 2023 |
Y-o-Y |
Total Deposits |
34,496 |
29,669 |
16% |
CASA |
8,657 |
7,556 |
15% |
Credit-Deposit Ratio (%) |
88% |
94% |
 |
Â
Assets:
Particulars (₹ in crore) |
Dec 31, 2024 |
Dec 31, 2023 |
Y-o-Y |
Gross Loan Book* |
30,466 |
27,743 |
10% |
Micro Group Loan |
13,663 |
15,471 |
(12)% |
Individual Loan |
4,953 |
4,304 |
15% |
Affordable Housing# |
6,393 |
4,417 |
45% |
MSME |
1,694 |
1,397 |
21% |
FIG |
2,257 |
1,435 |
57% |
Others^ |
1,506 |
719 |
109% |
Secured Book (%) |
40% |
28% |
 |
Disbursements |
5,360 |
5,675 |
(6)% |
Micro Group Loan |
2,029 |
3,295 |
(38)% |
Individual Loan |
857 |
1,029 |
(17)% |
Affordable Housing |
813 |
595 |
37% |
MSME |
332 |
106 |
214% |
FIG |
596 |
379 |
57% |
Others^ |
732 |
272 |
169% |
Â
Note – *Includes IBPC/ Securitization of ₹ 199 crore as on Dec’24 | ₹ 1,596 crore as on Dec’23; #Includes M-LAP:
^Includes Vehicle Loans, Gold Loan, Staff Loan, OD-FD & others
Collections & Asset Quality:
Particulars |
Dec 31, 2024 |
Sep 30, 2024 |
Dec 31, 2023 |
PAR |
5.4% |
5.1% |
3.6% |
GNPA |
2.7% |
2.5% |
2.1% |
Â
Particulars |
Dec’24 |
Nov’24 |
Oct’24 |
Collection Efficiency (including foreclosure/ advance etc.) |
106% |
105% |
106% |
Collection Efficiency |
96% |
96% |
97% |