Ujjivan Small Finance Bank - Will It Finance our future also?

Mr Ghosh in his latest Interview on ETNow has mentioned that following,

  • Marginal impact from Maharashtra as we have limited exposure in Amravati and Vidarbha region
  • Collection efficiency has improved and he seeing a turnaround in March
  • Business is back to its growth trajectory and the collection efficiency is improving
  • Karnataka and Tamil Nadu has no issues
  • UP has 5% exposure and he did not see impact other delay in collections
  • He said we focus on urban and semi urban and have little to no exposure to farmers directly.
  • He is overall v positive on ujjivan growth from March and onwards.
  • He mentioned that we do not have NPA provision issues and it has been addressed in last quarter
  • Loan book relatively has not moved since demonetization. But now he sees the loan growth starting from March.

Interview: http://www.knowyourleak.com/1147904

Cheers,
Amit

4 Likes