Independence Day : These services will not be available on net banking, mobile app in this bank

Ujjivan Small Finance Bank in an SMS sent to its customers has informed that some of its services will not be available for a period of 3 hours. Independence Day: These services will not be available on net banking, mobile app in this bank. According to the SMS sent by the Ujjivan Small Finance Bank owing to scheduled maintenance activity our UPI, Mobile Banking, Internet Banking, Business Net Banking, Digital FD creation will be unavailable from 02.00 AM on 15 August to 05.00 AM on 15 August Independence Day and the services will not be available for 3 hours.

These services will not be available on net banking, mobile app on 15 August. The reason for this is the pre-determined maintenance work of the bank’s net banking facility. “Owing to scheduled maintenance activity our UPI, Mobile Banking, Internet Banking, Business Net Banking, Digital FD creation will be unavailable from 02.00 AM on 15/08/2022 to 05.00 AM on 15/08/2022.

We sincerely regret for any inconvenience caused,” the SMS read which was sent by Ujjivan Small Finance Bank. Meanwhile, Ujjivan Small Finance Bank reported its highest-ever quarterly profit in June 2022 quarter at Rs 203 crore on higher interest income, fall in bad loans as well as strong loan disbursement. The Bengaluru-based Small Finance Bank (SFB) had posted a net loss of Rs 233 crore in the same quarter a year ago. Compared sequentially, the net profit was up by 60.4 per cent from Rs 126.52 crore in quarter ended March 2022.

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This is the highest-ever quarterly net profit, the bank said, adding there is continued traction on collections side at about 99 per cent. Bank’s total income during April-June period of 2022-23 rose by 40 per cent to Rs 1,000.42 crore, as against Rs 714.67 crore in same quarter of 2021-22, Ujjivan SFB said in a regulatory filing. The interest earned by the lender jumped by 41.1 per cent to Rs 905.37 crore in Q1 FY23 as against Rs 641.66 crore in Q1FY22. While other income grew to Rs 95.1 crore as against Rs 73 crore.