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2011 will be the year of consolidation, change and maturity. We will be serving more than a million customers.
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`400 Million raised Issuance of BSE-listed non-convertible debentures (NCDs) to DWM (Cyprus), a member of US-based Developing World Markets.
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The CRISIL ratings story Hasty ratings downgrade decision leads to Ujjivan objection. Excellent portfolio quality and optimum liquidity ensure Ujjivan’s good standing. CRISIL removes Negative rating |
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Yes Bank recalls recall letter Ujjivan returns recalled credit amount under protest. Yes Bank apologises and offers new credit facility with immediate sanctions |
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Relief for fire victims in Gujarat Slum dwellers in Udhana lost their homes in a fire accident. Branch staff help out on ground while Ujjivan provides relief grants and reschedules loans |
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Social Development Programs reaches out to kids across the country Over 2500 underprivileged children around India, including orphans, had reason to cheer this New Year Read |
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1876 young students have benefitted from the education loan interest refunded to 1646 Ujjivan education loan customers. If you would like to help educate a child, please donate toward the . |
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Every little counts. Visit the Parinaam for details on more such programs. For an update on all activities last year, read the . |
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Business
Results |
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on December 31, 2010: |
•
Customers
• Borrowers
• No. of States and UTs
• No. of Branches
• Loans Disbursed
• Loans Outstanding
• Repayment
Rate*
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970,288
821,173
20
351
Rs. 18,004 Million
Rs. 6,742 Million
99.10%
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| During
December: |
• New Customers
•
No. of Loans Disbursed |
20,868
54,214
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| Human
Resources |
• Field Staff
• Total Employees |
3540
4173
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# The repayment rate is calculated as the total amount repaid less prepayments received divided by the total amount due of the total loan portfolio outstanding as of the date |
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# New customers only indicates the number of new entrants into the Ujjivan system and does not account for customers who may have dropped out during the month |
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New COO joins Gautam Gan (Business Head - East) moves on. Sanjay Sharma, a leading banker with over 20 years experience, joins Ujjivan as Chief Operating Officer. |
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Branch Milestones |
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1,000
customers
Katihar(Bihar)
Sultanganj (Bihar)
Kahelgaon (Bihar)
Hisar (Har.)
Rewari (Har.)
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Rohtak (Har.)
Navsari (Guj.)
Santacruz (Mah.)
Panruti (TN)
RS Puram (TN) |
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2,000
customers
Vikhroli (Mah.)
Bhandup (Mah.)
Kalwa (Mah.)
3,000
customers
Navi Mumbai (Mah.)
4
,000
customers
Purulia (WB)
Chembur (Mah.)
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Dispur (Assam)
Maligaon (Assam)
Gudiyatam )TN)
RS Puram (TN)
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