Mutual Funds (UA-220086359-1)

Invest In Small Finance Bank & Get 11% Return

New private placement

Issuer – Ujjivan Small Finance Bank

Type/Structure – Subordinated, Rated, Unlisted, Unsecured, Redeemable, Basel 2 Tier 2 bonds in form of Non-Convertible Debentures

Coupon – 11.95%

Coupon Payment Frequency – Monthly on the 26th

Maturity – 26-Apr-2028

Face Value – 1 Lakh

Rating – A+/Stable by CARE

Available in Multiples of 5Lacs @ Yield – 11.80% (Limited quantum at this level)

About Ujjivan SFB:
Gross advances: 19409cr (as compared to 14514cr in Sep 2021)

GNPA has reduced from 11.8% in Sep 2021 to 5.9% in June 2022

Profit After Tax of 203cr in June 2022

NIM has improved from 8.00% in June 2021 to 9.60% in June 2022

Collection efficiency: 99% in June 2022

Provision Coverage ratio: 98% in June 2022