Ujjivan SFB: Transcript of Investor Call on Sep 1, 2026 Released
Ujjivan Small Finance Bank released the transcript of its September 1, 2026 investor call. The call discussed the early retirement of MD & CEO Sanjeev Nautiyal and appointed Carol Furtado as Interim MD & CEO. The bank highlighted Q1 loan book growth of 29% and CASA growth of 38%.
The announcement details the early retirement of the MD & CEO and the appointment of an interim CEO, which is a significant management change. It also provides an update on business performance and strategic direction.
The announcement is a transcript release of an investor call. While it discusses management changes and business performance, it does not contain new financial results or forward-looking statements that would strongly sway sentiment.
Ujjivan Small Finance Bank Limited (USFB) has released the transcript of its investor call held on September 1, 2026. The call addressed the early retirement of MD and CEO, Mr. Sanjeev Nautiyal, due to health concerns. Ms. Carol Furtado, Executive Director, has taken over as Interim MD and CEO, subject to RBI approval.
During the call, Ms. Furtado highlighted the bank's strong performance in recent quarters, with loan book growth of approximately 29% year-on-year in Q1 and GNPA at 2.2%. The CASA book grew by 38% year-on-year, with an overall cost of funds at 6.9% for Q1. The bank also announced the joining of Mr. Vikas Agarwal as Business Head, MSME.
The bank reiterated its commitment to meeting its FY27 guidance and strategic priorities, including diversification of the loan book. The search for a permanent MD and CEO has commenced, with an aim to submit names to the RBI within 3 to 4 months. The bank assured stakeholders of its continued strong governance, robust internal controls, and experienced management team.
A plain-language summary of a public exchange filing by Ujjivan Small Finance Bank Limited. Read the original for the full detail.