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Ujjivan Financial MD and CEO Sudha Suresh resigns

"The board at its meeting held today has accepted...her resignation and has appreciated the invaluable contributions of Sudha Suresh during her long tenure of around nine years with the company as the CFO and further the MD and CEO for over a year," the company said.

Ujjivan Financial Q3 net profit declines by 10% at Rs 44 cr

However, total income increased by 38.8 percent to Rs 371.32 crore during the quarter, Ujjivan Financial Services said in a statement.

Customers willing to pay but with a time lag: Ujjivan Financial

Speaking to CNBC-TV18, Sudha Suresh, CFO of Ujjivan said that monthly collections have picked up strongly in January and there has been an encouraging trend in terms of repayment as customers are willing to repay but with a time lag.

Ujjivan to cut interest rates, pass on benefits to customers

Ujjivan Financial Services Limited the micro finance lender announced interest cut Thursday to the tune of 75 basis points with effect for October 1, 2016.

Estimate securitisation to be Rs 1000 cr for FY17: Ujjivan CFO

In an interview with CNBC-TV18, Sudha Suresh, CFO of the company, said that the securitisation book is expected to be around Rs 1000 crore for FY17 and it plans to evolve its current set of products when converted to a small finance bank.

Ujjivan Fin sees loan book growing 35-40% for FY17

In an interview with CNBC-TV18, Sudha Suresh, CFO of Ujjivan said that the company is assured of steady loan growth in coming quarters and keeps the FY17 loan growth target at 35-40 percent.

Ujjivan's net income soars by 133.83% to Rs 177.21 crore

"While our MSME lending business grew by 96.45 percent at Rs 673 crore in the reporting year from Rs 342 crore in the year-ago period, housing finance business also grew to Rs 207 crore during the year from merely Rs 3 crore in the year-ago period," Ujjivan chief financial officer Sudha Suresh told PTI here.

See 30% AUM growth over next couple of years: Ujjivan Fin

The microfinance lender, which listed on the exchanges on Tuesday, targets 30 percent growth in AUM over next couple of years by expanding into lending for micro small and medium enterprises sector and housing finance along with further diversification into the unbanked and under-banked regions of the country, says CFO Sudha Suresh.