Mumbai: Ujjivan Small Finance Bank has reported a strong start to FY2027, posting healthy growth in profits, deposits and lending, reflecting sustained customer confidence and expanding business operations.
For the quarter ended June 2026, the bank recorded a net profit of ₹317 crore, supported by a Net Interest Income (NII) of ₹1,186 crore and a Pre-Provision Operating Profit (PPOP) of ₹548 crore.
The bank’s total deposits rose 24.6% year-on-year to ₹48,129 crore, while its Current Account Savings Account (CASA) deposits grew at a faster pace of 37.8%, reaching ₹12,930 crore. The growth highlights improving customer engagement and a stronger low-cost deposit base.
Executive Director Carol Furtado said the bank continues to invest in expanding its branch network, strengthening digital banking services and introducing new financial products. During the quarter, the bank launched mutual fund distribution services and co-branded credit cards, broadening its range of offerings for customers.
On the lending front, the bank’s gross loan book increased 28.9% year-on-year to ₹42,903 crore. Secured loans accounted for 50.4% of the total loan portfolio for the first time, marking an important milestone in the bank’s strategy to strengthen its asset mix.
Both the gold loan and vehicle loan portfolios crossed the ₹1,000 crore mark during the quarter. The bank also disbursed ₹9,245 crore in fresh loans, representing a 41.4% increase over the same period last year.
Asset quality continued to improve, with the Gross Non-Performing Asset (GNPA) ratio declining to 2.17% and the Net Non-Performing Asset (NNPA) ratio reducing to 0.34%, indicating better credit performance and effective risk management.
Reflecting confidence in its business outlook, Ujjivan Small Finance Bank has revised its Return on Assets (RoA) guidance for FY2027 upward to a range of 1.8% to 2.0%.
The first-quarter performance underscores the bank’s focus on balanced growth through higher deposits, expanding secured lending, improved asset quality and continued investment in digital and customer-centric services, positioning it for sustained growth during the remainder of the financial year.
