Ujjivan Small Finance Bank to have 50 per cent in secured loans over next 2-3 years

The Bengaluru-based lender, which began its operation as a micro-financier in 2005, converted itself into a small finance bank in 2017. It returned to black in the March 2022 quarter with a net income of Rs 127 crore, but closed FY22 with a net loss of Rs 415 crore, mauled by the impact of the pandemic.

from Banking/Finance-Industry-Economic Times https://ift.tt/VBtCJom