Ujjivan Small Finance Bank has reported results for first quarter ended June 30, 2022.

Ujjivan Small Finance Bank
Ujjivan Small Finance Bank

The bank has reported net profit at Rs 202.94 crore for the quarter under review as compared to net loss of Rs 233.48 crore for the same quarter in the previous year. Total income of the bank increased by 39.98% at Rs 1000.42 crore for Q1FY23 as compared to Rs 714.67 crore for the corresponding quarter previous year.

Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.