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Ujjivan Small Finance Bank to sell Rs 270 crore in bad loans to asset reconstruction firms

By Economic Times - 3 hours ago
Ujjivan Small Finance Bank is taking steps to improve its financial health by selling off Rs 270 crore in bad loans, primarily from its microfinance portfolio. This decision was made after the bank's asset quality declined, with its gross non-performing asset ratio rising to 2.52%.

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