Ujjivan Small Finance Bank Ltd. - Core MFI Growth Robust
FY23 was a year characterised by a sharp rebound in the MFI business (the core segment of the bank) and a gradual pick up in the non-microfinance book
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Ujjivan Small Finance Bank Ltd. - Strong Quarter
NII growth was strong at 32/7% YoY/QoQ led by strong advances growth and largely stable margins at 9.2% vs 9.1% in Q4FY23.
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HSIE Results Daily: Bajaj Auto, Tech Mahindra, TVS Motor, United Spirits
Bajaj Auto: Bajaj Auto’s Q3 PAT at INR20.4bn was ahead of our estimate of INR 19.7bn due to a better-than-expected margin of 20.1% (estimate of 19.5%)
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Banks – Q2FY24 Performance Review
Banks under our coverage continued to report healthy credit growth, largely led by the retail/SME segment and some pick-up in the corporate segment.
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Ujjivan Small Finance Bank Ltd. - Building a Mass Market Bank!
With the pandemic-related headwinds decisively behind, the bank expects to sustain the business growth momentum and harbours ambitions to build a...
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