
Ujjivan Small Finance Bank released its business update for the third quarter and nine months ended December 31, 2025, showing robust growth across key metrics. Total deposits stood at ₹42,219 crore as of December 31, 2025, compared with ₹34,494 crore a year earlier, registering a year-on-year growth of 22.2%. On a sequential basis, deposits increased 7.5% from ₹39,211 crore as of September 30, 2025. The gross loan book increased 21.6% year-on-year to ₹37,055 crore, compared with ₹30,466 crore as of December 31, 2024, while sequentially growing 7.1% from ₹34,588 crore.
The Bengaluru-based lender demonstrated improved deposit mix with CASA deposits rising 33.1% year-on-year to ₹11,533 crore. The CASA ratio improved to 27.3% from 25.1% a year ago, indicating better low-cost funding capabilities. The credit-deposit ratio stood at 87.8% as of December 31, 2025, reflecting efficient deployment of deposits into lending activities and maintaining healthy liquidity management.
The bank's loan portfolio showed strong diversification with housing loans, including micro mortgages, rising 49.6% year-on-year to ₹9,560 crore. MSME advances grew significantly by 69% to ₹2,863 crore, while vehicle loans more than doubled to ₹823 crore. Gold loans surged to ₹557 crore and agri banking loans increased to ₹607 crore. The secured loan book expanded 48.8% year-on-year to ₹17,829 crore, with the secured book ratio rising to 48.1%, demonstrating the bank's strategic shift towards secured lending.
During the third quarter of FY26, overall disbursements stood at ₹8,311 crore, compared with ₹5,362 crore in Q3FY25, reflecting a year-on-year growth of 55%. Group loan disbursements increased 70.7% to ₹3,464 crore, while individual loan disbursements rose 42.9% to ₹1,224 crore. Gold loan disbursements jumped to ₹307 crore and vehicle loan disbursements rose to ₹274 crore during the quarter, indicating strong customer demand across various lending segments.
Asset quality showed notable improvement with portfolio at risk declining to 3.98% as of December 31, 2025, from 5.36% a year earlier. Gross non-performing assets eased to 2.39% from 2.68% in the corresponding period last year. Write-offs during Q3FY26 stood at ₹119.6 crore. Micro banking collection efficiency for Group Loan and Individual Loan Bucket X remained strong at 99.70% in December 2025. The consistent growth in deposits and loans, coupled with improved asset quality, positions Ujjivan Small Finance Bank favorably within the competitive small finance banking sector.