Ujjivan Small Finance Bank experienced a substantial boost in its shares on October 6, with a remarkable 3% surge in the morning trade.
This surge was triggered by the bank’s outstanding achievement: a 27% increase in advances, soaring from ₹20,938 crore to an impressive ₹26,600 crore compared to the same period last year.
Moreover, the bank showcased a significant uptick in its deposits, marking a notable 43% rise to reach ₹29,134 crore in the second quarter of the fiscal year 2023.
At 9:40 AM the shares of the Ujjivan Small Finance Bank were up 2.72% or 1.55 at ₹58.45.
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Ujjivan Small Finance Bank