UJJIVANSFB

Oct 3 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• UJJIVAN SMALL FINANCE BANK LTD - TOTAL DEPOSITS AS OF SEPT END UP 14.8% YOY

• UJJIVAN SMALL FINANCE BANK LTD - GROSS LOAN BOOK AS OF SEPT END UP 14.0% YOY

Source text: ID:nNSE1bkFp7

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** Ujjivan Small Finance Bank UJJI.NS rises 2.7% to 48.8 rupees; marks highest intraday pct gain since June 10

** BOB Capital Markets initiates with "buy"; sets PT of 59 rupees, implying 24% upside to last close

** Highlights bank's shift to secured lending, with those loans rising to 43% of gross advances in FY25 from year-ago 30%

** Says bank moving to higher yielding individual loans within unsecured book; individual loans amounting to 28% of gross microfinance institution (MFI) loans as of March vs year-ago 23%

** Notes asset quality better than peers'; MFI stress expected to normalise from H2 FY26

** Forecasts "healthy" 19% loan CAGR over FY25–FY27, with RoA/RoE improving

** UJJI rated "buy" on avg; median PT is 55 rupees, per data compiled by LSEG

** Stock gains 44% YTD

(Reporting by Rudra Pratap Singh in Bengaluru)

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July 4 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• JUNE-QUARTER GROSS LOAN BOOK UP 10.7% Y/Y

• JUNE-QUARTER TOTAL DEPOSITS UP 18.8% Y/Y

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June 20 (Reuters) - India's central bank on Friday reduced the mandated portion of lending that small finance banks have to extend to priority sectors such as agriculture and small businesses, lowering it by 15 percentage points.

Small finance banks currently have to extend 75% of their loans to priority sectors. After a review, the Reserve Bank of India has effectively cut the requirement to 60% of total lending.

(Reporting by Manvi Pant in Bengaluru; Editing by Vijay Kishore)

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** Sustained recovery in earnings growth for corporate India is "still a few quarters away", says HSBC Global Research

** Growth in IT services .NIFTYIT could be weak amid policy uncertainties in the US; domestic rate cuts do not bode well for local banks' margins .NSEBANK

** Urban consumption remains weak, private capex yet to see a pick-up - note

** Brokerage says local stocks .NSEI well placed amid global trade turmoil but concerns on growth, elevated valuations remain

** "We are neutral on India from the Asian perspective with the 2025-end target of 82,240 for the Sensex .BSESN - HSBC

** The benchmark is currently trading at 82,500

** Lists Godrej Consumer Products GOCP.NS, UPL UPLL.NS, GAIL GAIL.NS, Ujjivan Small Finance Bank UJJI.NS, and HDFC Life Insurance HDFL.NS as "top picks"

** GOCP, GAIL, and HDFL up 0.8%, 1.4%, and 0.3%, respectively, while UPLL down 1% and UJJI down 3.3%

(Reporting by Vijay Malkar)

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April 30 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• Q4 NET PROFIT 833.9 MILLION RUPEES

• Q4 GROSS NPA 2.18%

• Q4 INTEREST EARNED 15.73 BILLION RUPEES

• Q4 PROVISIONS & CONTINGENCIES 2.65 BILLION RUPEES

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** The worst appears over for Indian microfinance lenders, says Investec, citing improving asset quality at CreditAccess Grameen CRDE.NS and Ujjivan Small Finance Bank UJJI.NS

** Both stocks are up about 2.1%, outperforming the 0.7% drop in the Nifty 500 index .NIFTY500

** While peers like Equitas Small Finance Bank EQUI.NS face operational challenges such as lower collection efficiency, these two companies are better placed, says Investec

** Brokerage expects only a minimal impact on the two companies from stricter lending norms set to take effect in April

** Reiterates a "buy" rating on both stocks, estimating a 12-month upside of 17.9% for CRDE and 33.2% for UJJI; calls Ujjivan more attractive on valuations

** CRDE and UJJI are up 12.4% and 11% in 2025 so far, outperforming the Nifty 500’s 9% decline

(Reporting by Bharath Rajeswaran in Bengaluru)

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Feb 28 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• UJJIVAN SMALL FINANCE BANK LTD - SFB COMPLETES SALE OF STRESSED LOAN PORTFOLIO FOR 342.6 MILLION RUPEES

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Corrects to Thursday from Wednesday in first paragraph

Feb 27 (Reuters) - Shares of most Indian financial companies, especially those of non-bank and microfinance-focussed lenders, jumped on Thursday after the central bank further eased its capital requirements for micro loans and bank credit.

Financial stocks .NIFTYFIN, which include non-bank finance companies (NBFCs), jumped about 1%, outpacing the 0.7% increase in banking stocks .NSEBANK. The benchmark Nifty 50 .NSEI, in comparison, was flat.

The Reserve Bank of India, on Tuesday, trimmed the higher capital requirements introduced in November, the latest in a series of growth-supportive measures since Sanjay Malhotra took over as governor in December.

Under his watch, the RBI has eased liquidity, delayed some regulations and loosened restrictions placed on some lenders.

"We think this bodes well for the financial sector and lays more emphasis on consumption and growth ... and (we) reiterate our bullish view," Macquarie analyst Suresh Ganapathy said in a note.

On the day, Bandhan Bank BANH.NS gained 6%, while Shriram Finance SHMF.NS, AU Small Finance Bank AUFI.NS and Ujjivan Small Finance Bank UJJI.NS rose about 5% each.

Cholamandalam Investment and Finance CHLA.NS and Aditya Birla Capital ADTB.NS advanced 4.5% each. Bajaj Finance BJFN.NS rose 2.7% and IndusInd Bank INBK.NS gained 2%.

In comparison, top private lenders such as ICICI Bank ICBK.NS and HDFC Bank HDBK.NS were up under 1%.

The RBI's move should help most NBFCs' earnings, Morgan Stanley analysts said, picking Aditya Birla Capital, PNB Housing, Shriram Finance and Bajaj Finance as top beneficiaries.

Nomura analysts said banks with higher microfinance loan exposure, such as Bandhan Bank, IndusInd and AU Small Finance Bank, would also get much needed relief.

Since the rules were implemented in November, Aditya Birla Capital's shares had slid 16%, while AU Small Finance Bank and IndusInd Bank sank 28% and 31%, respectively. The worst hit, with a 38% tumble, was Bandhan Bank -- the day's top gainer.

However, Axis Bank Chief Economist Neelkanth Mishra cautioned that a reversal in the broad-based slide in loan growth -- caused by high liquidity costs and the RBI's discomfort with high loan-to-deposit ratios -- could take time.

"While these (RBI) signals should help revive lending, we believe the binding constraint remains durable liquidity."

(Reporting by Sethuraman NR; Editing by Savio D'Souza)

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Feb 14 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• RBI: IMPOSED MONETARY PENALTY OF 670,000 RUPEES ON UJJIVAN SMALL FINANCE BANK

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** Shares of Ujjivan Small Finance Bank UJJI.NS down ~3% to 33.5 rupees

** Lender, whose largest segment is retail banking, reports ~64% y/y drop in Q3 profit as provisions triple

** Provisions are funds kept aside to cover potential losses on loans

** Lender's gross non-performing asset (NPA) ratio rises to 2.68% from 2.18%, signalling deterioration in asset quality

** Indian banks grappling with rising bad loans in unsecured retail sectors and credit cards, hurting profitability

** UJJI shares have lost 40% in value in the last 12 months

(Reporting by Ananta Agarwal in Bengaluru)

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Jan 23 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• Q3FY25 NIM AT 8.6%

• CEO ANNOUNCES PLANS TO APPLY FOR UNIVERSAL BANK TRANSITION

Source text: ID:nNSEb59qmq

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Dec 10 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• UJJIVAN SMALL FINANCE BANK- GETS RBI NOD TO RE-APPOINT BANAVAR ANANTHARAMAIAH PRABHAKAR AS PART-TIME CHAIRMAN

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** Ujjivan Small Finance Bank UJJI.NS rises 2.9% to 34.5 rupees, biggest one-day pct gain since Oct. 31

** Private lender completes sale of stressed loan portfolio of outstanding value of 2.7 bln rupees ($32 mln) to an asset reconstruction company for 405.5 million rupees

** More than 49 mln shares traded in stock's busiest week in five weeks

** Stock rated "buy" on avg; median PT is 48 rupees - LSEG

** UJJI down 39% YTD

($1 = 84.4840 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Nov 27 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• UJJIVAN SMALL FINANCE BANK - SALE OF STRESSED LOAN PORTFOLIO WITH VALUE 2.7 BILLION RUPEES

• UJJIVAN SMALL FINANCE BANK - SALE OF STRESSED LOAN PORTFOLIO TO ARC FOR 405.5 MILLION RUPEES

Source text: ID:nBSE6bQ4NH

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Nov 15 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• APPROVED SALE OF NPA, WRITTEN-OFF LOANS TO ASSET RECONSTRUCTION CO

• SELLS NPA OF 2.08 BILLION RUPEES, WRITES OFF 623.6 MILLION RUPEES IN MICROBANKING POOL

• CO CARRIES AN OVERALL PROVISION OF 85.61% ON MICROBANKING POOL

Source text: ID:nBSE5y9xXC

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Oct 24 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• UJJIVAN SMALL FINANCE BANK Q2 NET PROFIT 2.33 BILLION RUPEES

• UJJIVAN SMALL FINANCE BANK Q2 GROSS NPA 2.52%

• UJJIVAN SMALL FINANCE BANK Q2 INTEREST EARNED 16.13 BILLION RUPEES

• UJJIVAN SMALL FINANCE BANK Q2 NET NPA 0.56%

• UJJIVAN SMALL FINANCE BANK Q2 PROVISIONS & CONTINGENCIES 1.51 BILLION RUPEES

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Sept 26 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• UJJIVAN SMALL FINANCE BANK LTD - RAMESH MURTHY RETIRES AS CFO

Source text for Eikon: ID:nBSE52wJTB

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July 25 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• SEES FY25 GROSS LOAN BOOK GROWTH AT 20%

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July 4 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• UJJIVAN SMALL FINANCE BANK LTD - GROSS LOAN BOOK AT JUNE-END UP 19% Y/Y

• UJJIVAN SMALL FINANCE BANK - PROVISIONAL TOTAL DEPOSITS AS OF JUNE-END UP 22% Y/Y

Source text for Eikon: ID:nNSE1bGDr2

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** Shares of Ujjivan Small Finance Bank UJJI.NS down 5.1% at 45.88 rupees

** Co on Friday trimmed its loan growth outlook for FY25 to 20% from prev view of 20%-25%, raised credit cost outlook to 1.7% from prev view of 1.4%-1.5%

** UJJI says loan growth lowered due to stress in its microfinance lending segment in certain states

** Centrum Broking notes microfinance lending forms 70% of UJJI's loan book, reduces PT to 72 rupees from 74 rupees earlier

** Antique Stock Broking says UJJI highlighted stress to asset quality in certain hotspots

** At least 3 other analysts reduce their PT after latest update - LSEG data

** UJJI extends YTD losses to 19.7%; only ESAF Small Finance Bank EASF.NS has fallen more this year among small finance lenders

(Reporting by Sethuraman NR in Bengaluru)

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June 21 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• SEES FY’25 GROSS LOAN BOOK GROWTH AT ABOUT 20%

• SEES FY’25 NIM AT 9.0%

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May 20 (Reuters) - Ujjivan Small Finance Bank Ltd UJJI.NS:

• NIM FOR Q4FY24 AT 9.4%

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** Shares of Jana Small Finance Bank JANA.NS rise as much as 15.4% to hit all-time high of 577.20 rupees; last up 12.9%

** Co posts nearly four-fold surge in Q4 profit, helped by strong loan growth and improved asset quality

** Stock up nearly 41% since making market debut in February

** JANA has outperformed other small finance bank rivals; AU Small Finance Bank AUFI.NS, Ujjivan Small Finance Bank UJJI.NS, Equitas Small Finance Bank EQUI.NS which are down between 19%-5% YTD

(Reporting by Sethuraman NR in Bengaluru)

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** Shares of Equitas Small Finance Bank EQUI.NS are down about 3%

** The lender's Q4 gross non performing assets (NPA) rose to 8.21 bln rupees ($98.6 mln) from 7.5 bln rupees in Q3

** Percentage of gross NPAs to advances rose to 2.61% in Q4 from 2.53% in the previous quarter

** Stock set for its worst day in over a month

** EQUI is down about 5% YTD vs a 6% drop in Ujjivan Small Finance Bank UJJI.NS and a 22.5% drop in AU Small Finance Bank AUFI.NS

($1 = 83.2930 Indian rupees)

(Reporting by Nishit Navin)

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** Shares of Ujjivan Small Finance Bank UJJI.NS up 6.4%

** Stock rose as much as 7.1% to 54.7 rupees

** Bank reported 24% year-on-year jump in March-qtr total deposits, 24% rise in gross loan book

** UJJI shares, which fell below 200-day moving average in March after trading above the level for most of FY24, rebounded to rise above that level in previous session

** More than 36 mln shares change hands by 2:45 p.m. IST, 3.8x the 30-day avg

** Average rating of 14 analysts covering the stock is "Strong Buy"; median PT is 65 rupees - LSEG data

** Including session's move, stock is down 4.6% YTD

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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By Dharamraj Dhutia

MUMBAI, March 26 (Reuters) - Indian government bond yields started the holiday-truncated last week of the financial year with a sideways movement as the effect of the rupee's recovery from all-time lows was offset by a record-high amount of state debt sale.

The benchmark 10-year yield IN071833G=CC ended at 7.0908%, following its previous close of 7.0927%. Indian markets were shut on Monday and will be closed on Friday for a public holiday.

"Since it is the last week of the fiscal, and it's a short one, we are not seeing any major moves. But going into the new year, I expect yields to move down as liquidity could improve and supply pressure, especially from states, should ease," said Rajeev Pawar, head of treasury at Ujjivan Small Finance Bank.

Bond yields had climbed on Friday as the rupee fell to a record low. But the currency recovered to end at 83.28 to the dollar on Tuesday, helped by likely central bank intervention and an uptick in its Asian peers. INR/

Earlier in the day, Indian states raised a record 550.32 billion rupees ($6.61 billion) through bond sales at cutoff yields that were largely in line with estimates.

This, along with the more-than-742-billion-rupees states raised in two auctions last week, will push up the gross supply for the fiscal to above 10 trillion rupees.

States are likely to gross borrow a record 11.1 trillion rupees in the next financial year starting April, according to ICICI Securities Primary Dealership.

Meanwhile, U.S. yields continue to remain elevated, with the 10-year yield US10YT=RR trading close to the 4.25% mark, as recent data continues to raise concerns around monetary policy easing even though the Federal Reserve maintained its outlook for three cuts in 2024.

Traders now await the borrowing calendar for the first half of the next financial year as well as foreign participation in local bonds, especially after a selloff last week.

($1 = 83.2677 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Savio D'Souza)

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** Shares of private Indian lender Ujjivan Small Finance Bank UJJI.NS fall 3.7% to 55.5 rupees

** Co reports mostly flat qtrly net profit from year ago at 3 bln rupees ($36.09 mln)

** Provisions for bad loans were at 629.1 mln rupees against a write back of 2.2 mln rupees a yr earlier, up 34.1% sequentially

** Stock nearly doubled in 2023, down 2.4% so far in Jan

($1 = 83.1240 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru)

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