Ujjivan Small Finance Bank targets ₹1 lakh crore loan book by FY30

Ujjivan Small Finance Bank announced its strategic roadmap to achieve a Gross Loan Book (GLB) of ₹1 lakh crore by FY30, building on its progress since receiving its small finance bank license in 2017. The bank aims to increase its secured loan book share to 65%-70%, with significant growth projected in affordable housing, micro mortgages, MSME lending, vehicle finance, gold loans, and agri loans. This expansion is supported by a planned increase in its branch network from 752 to approximately 1,150 branches and a target to raise CASA to 35% of total deposits by FY30.

The bank highlighted its strong financial performance, with FY25 GLB at ₹32,122 crore and total deposits at ₹37,630 crore. Its customer base has grown to 95.1 lacs as of March 2025. The strategic shift towards secured loans is intended to enhance capital efficiency and support long-term growth. Ujjivan also emphasized its technology-driven approach, aiming for a cost-to-income ratio close to 55% by FY30.

An accompanying analyst meet presentation detailed the bank's diversified deposit profile and improving asset mix with margin discipline. The presentation also provided FY26 guidance, projecting an asset growth of approximately 20% and secured book growth of approximately 35%. These efforts are underpinned by a focus on robust asset quality, with GNPA at 2.5% and NNPA at 0.7% as of Q1FY26.