Bengaluru (Karnataka) [India], November 23 (ANI/NewsVoir): Ittira Davis, Managing Director and Chief Executive Officer, Ujjivan SFB, commented, "The FD rate increase is a reinforcement of our commitment to offer our customers the best products. This also is in line with our retail strategy of building granular deposits and the evolving macro-economic situation."
Sequentially, Ujjivan Small Finance Bank's net profit increased nearly 45 per cent from Rs 203 crore in the quarter ended June 2022. In the reviewed quarter, total income rose 63 per cent to Rs 1,139.83 crore, against Rs 699.74 crore in the year-ago period.