The bank, promoted by Centrum Financial Services, said its net interest margin was at 10.8%. Its operating profit soared nearly four-fold at Rs 147 crore against Rs 37 crore in the year-ago quarter.
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Uncia Technologies today announced the golive of Uncia Chain its stateoftheart Supply Chain Finance platform at Unity Small Finance Bank Limited Unity Bank a newage digitalfirst bank.
The lender on November 17 opened five branches in Bengal. It plans to open five more branches in the state over the next few months. Of these three will be in Calcutta and one each in Asansol and Durgapur
Unity Small Finance Bank, owned by Centrum group, plans to diversify into retail lending by entering the credit card and personal loan space. The bank will adjust its retail plan according to new regulations, and will introduce its own products on the retail side. The bank will also introduce digital business loans from Rs 25000 to Rs 30 lakh.