Brief: Ujjivan Small Finance Bank Approves Sale Of NPA, Written-Off Loans To Asset Reconstruction Co
Nov 15 (Reuters) - Ujjivan Small Finance Bank Ltd
UJJI.NS :
* APPROVED SALE OF NPA, WRITTEN-OFF LOANS TO ASSET
RECONSTRUCTION
CO
* SELLS NPA OF 2.08 BILLION RUPEES, WRITES OFF 623.6 MILLION
RUPEES IN MICROBANKING POOL
* CO CARRIES AN OVERALL PROVISION OF 85.61% ON MICROBANKING
POOL
Source text: ID:nBSE5y9xXC
Further company coverage: UJJI.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Ujjivan Small Finance Bank
See all newsStreet View: Ujjivan Small Finance Bank's quarterly beat lifts outlook
Brief: Ujjivan Small Finance Bank Q2 Net Profit 3.65 Billion Rupees
Brief: Ujjivan Small Finance Bank Executes Subscription Agreement Between Bank And International Finance Corporation
Brief: Ujjivan Small Finance Bank Board To Consider Fund Raising Via Preferential Equity Issue
India's Ujjivan Small Finance Bank rises after quarterly deposits jump