Ujjivan Small Finance Bank to have 50 per cent in secured loans over next 2-3 years - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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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 Industry-Economic Times
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