Ujjivan Small Finance Bank delivers record Rs 1,000 cr NII in Q3, profit zooms 71% YoY

Ujjivan Small Finance Bank posted a strong Q3 performance, reporting its highest-ever net interest income of Rs 1,000 crore and a 71% jump in profit to Rs 186 crore. Improved collection efficiency and easing microfinance stress reduced provisioning needs, while a rising share of secured loans bolstered asset quality and profitability.