India's Ujjivan Small Finance Bank jumps on deposit, home loan growth

Ujjivan Small Finance Bank

12/10/2021 06:28

** Shares of Indian small finance bank  UJJI.NS  jump as
much as 10.34% to 22.9 rupees, their highest in nearly two
months
    ** Co on Monday reported a 31% rise in total deposits to
140.90 bln rupees ($1.87 bln) in the quarter ended Sept. 30,
compared to 107.43 bln rupees a year earlier  urn:newsml:reuters.com:*:nFWN2R50AM
    ** Bank's provisional gross loan book was at 145.08 bln
rupees, up 4% year-on-year
    ** UJJI also saw its affordable housing loan book rise 42%
to 23.17 bln rupees, and its MSME portfolio grew 34% to 14.18
bln rupees
    ** About 9.3 mln shares trade by 0519 GMT, 1.8 times the
30-day avg of 5.1 mln shares
    ** UJJI stock down about 47% YTD, as of last close

($1 = 75.2290 Indian rupees)

 (Reporting by Vishwadha Chander in Bengaluru)
 ((Vishwadha.Chander@thomsonreuters.com))