Ujjivan Small Finance Bank, the wholly owned subsidiary of Ujjivan Financial Services Ltd. (USFL) serves over 56.6 lakh customers through 575 branches and 16,733 employees spread across 244 districts of 24 states in India with gross loan book size of Rs.13,638cr. Also, it has about 477 full-service banking outlets with a deposit base of Rs.11,617cr. Pre-Provision profit reported a growth of 42% on a YoY basis due to lower operating expenses and strong fee and other income. Higher credit cost and upfronting of provisions hurt bottom-line as the...