Sure Financial institution advances up 8.8% in This autumn of FY12

The non-public financial institution mentioned its web advances grew 8.8% year-on-year and quarter-on-quarter to Rs 181,508 crore as on March 31, 2022.

Sure Financial institution’s web advances stood at Rs 176,241 crore as on 31 December 2021 and Rs 166,893 crore as on 31 March 2021.

Gross retail disbursements as on 31 March 2022 have been Rs 10,324 crore as in opposition to Rs 9,313 crore as on 31 December 2021 and Rs 7,530 crore as on 31 March 2021.

Non-public financial institution deposits grew by 7.1% YoY and 21.1% QoQ to Rs 197,281 crore as on March 31, 2022. Certificates of Deposit (CD) total stood at Rs 4,264 crore (down 38.17% YoY).

CASA stood at Rs 61,449 crore, up 44.3% year-on-year as in opposition to Rs 42,587 crore posted in the identical quarter final yr. The whole deposit ratio of CASA was 31.8% as on 31 March 2022, as in opposition to 31.2% on 31 December 2021 and 27.3% as on 31 March 2021.

The deposit to deposit ratio was 92%, which was 95.6% as on 31 March 2012 and 102.4% as on 31 March 2021. The Liquidity Protection Ratio (LCR) stood at 126% as on March 31, 2012 as in opposition to 130%. as much as 31 December 2021 and 122.3% as on 31 March 2021.

Sure Financial institution is a full-service business financial institution that gives a full vary of merchandise, providers and expertise pushed digital choices to Company, MSME and Retail prospects. Its web revenue jumped 76.8% to Rs 266.43 crore in Q3 FY22 on a 12.1% decline in whole earnings in Q3 FY22.

Shares of Sure Financial institution closed down 0.92% at Rs 12.98 on BSE.

operated by Capital Markets – Reside Information

(This story has not been edited by Enterprise Normal workers and is mechanically generated from a syndicated feed.)

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