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Business News: Ujjivan Small Finance Bank s business and loan recovery improve

Ujjivan Small Finance Bank's business and loan recovery improve : Rashtra News #Ujjivan #Small #Finance #Banks #business #loan #recovery #improve said that its collection efficiency for the month of December has improved to 97 per cent while loan disbursements for the quarter grew 120 per cent year-on-year to Rs 4,800 crore. Its collection efficiency was

Ujjivan Small Finance Bank s share of secured portfolio rises to 28 5%

The bank, which has a lineage of unsecured microfinance business, has seen its secured book inching up to 28.5% at the end of December against 27.5% a year back. A gradual pick-up in other secured businesses like loans to micro and small enterprises and micro mortgage loans also helped, the bank said Wednesday.

RBI to no longer have a director on RBL Bank s board

The Reserve Bank of India s appointed director, Yogesh Dayal, finished his two-year term on RBL Bank s board. His appointment in December 2021 followed rumors about the bank s financial stability, but the RBI had clarified that RBL Bank remained financially stable and well-capitalised despite such speculation.

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