Mumbai: Ujjivan Small Finance Bank on Friday reported healthy growth across deposits and advances in the December quarter, supported by strong mobilisation of low-cost deposits and a sharp rise in secured lending, even as the lender continued to improve asset quality.
Total deposits rose 22.2% year-on-year to ₹42,219 crore as of December 31, 2025, compared with ₹34,494 crore a year ago. On a sequential basis, deposits grew 7.5% over the September quarter, the bank said in a regulatory filing.
Current account and savings account (CASA) deposits grew faster at 33.1% year-on-year to ₹11,533 crore, lifting the CASA ratio to 27.3% from 25.1% a year earlier. The credit-deposit ratio stood at 87.8%, largely stable compared with the previous year.
The gross loan book expanded 21.6% year-on-year to ₹37,055 crore, aided by strong growth in housing, MSME and vehicle loans. Housing loans, including micro mortgages, jumped nearly 50% to ₹9,560 crore, while MSME advances surged 69% to ₹2,863 crore. The share of secured loans increased to 48.1% of the total loan book from 39.3% a year ago, underscoring the bank’s strategy to rebalance towards lower-risk assets.
Disbursements during Q3FY26 rose 55% year-on-year to ₹8,311 crore, with strong traction in group loans, individual loans and vehicle finance. Gold loan disbursements more than tripled during the quarter, reflecting heightened demand for secured credit.
Asset quality continued to improve sequentially, with gross non-performing assets (GNPA) easing to 2.39% from 2.45% in the September quarter, while portfolio at risk (PAR) declined to 3.98% from 4.44%. Collection efficiency in the micro banking portfolio remained robust at 99.7% in December 2025, the bank said.
The lender said the Q3 numbers are provisional and subject to audit or limited review by statutory auditors.