Hand made Carnival Was organised on 25th to 28th Jan 2024, at Jayamahal Palace hotel, Bangalore.
Around 100 participants took part in this workshop (which includes students and interested people)
Handmade carnival is one-of-a-kind event for every people who is looking for an additional income or to start a new business. This event helped to learn a new skill and start own small scale Industry.
Workshop/Training
* Soap Making.
* Shampoo Bar and Conditioner Bar.
* Perfume and Incense
Candle Making.
* Rajasthani Lac and designer bangles.
* Air Dry Clay Making
In this grand workshop innovative speakers presented their experience to the raising buds in this workshop.
Through the countdown to the on-ground event, this unique challenge encourages individuals to share their planking videos with the #PlankForAces, creating a collective gesture of gratitude for ISRO’s stellar contributions to space exploration.
Chandramohan Mehra, Chief Marketing Officer, Bajaj Allianz Life, said, “A high engaging fitness drive at the core, the plank initiative in its 4th edition, continues to be anchored on platforms that strike a chord with larger cohort. The new edition of the Plank campaign celebrates ISRO’s accomplishments which also align with India’s unmatched rise in tech, economic and geopolitical power. We are confident that #PlankForAces will generate massive participation as it has always done”.
The Bajaj Allianz Life Plankathon goes beyond individual health and fitness benefits to contribute to larger societal causes since 2018. The first edition, #36SecPlankChallenge, was linked to curing heart disorders amongst economically disadvantaged kids in collaboration with Hrudaya Foundation. The second edition, #PlankForIndia, supported the young Indian Olympians in association with OGQ. The third edition #PlankToThank aimed to express gratitude towards the Indian Armed Forces and mark India’s 75th Independence Day in style and provided for livelihood for retired jawans.
The prestigious St. Joseph’s University is thrilled to announce the much-anticipated “Open Heart2024” event scheduled for the 29th of January 2024. The event will be graced by the esteemed presence of Shri Ram Nath Kovind, the 14th President of India, who will serve as the Chief Guest and Speaker for this special occasion.
Event Details:
Date: 29th January 2024
Chief Guest: Shri Ram Nath Kovind, 14th President of India
Time: 11:30 a.m. to 12:30 p.m.
“Open Heart 2024” aims to provide a platform for open and meaningful discussions on pressing issues facing our society. The presence of Shri Ram Nath Kovind adds significant value to the event, bringing his vast experience and insights to the fore front.
This event promises to be an insightful and thought-provoking experience, with discussions led by Shri Ram Nath Kovind expected to cover a range of topics relevant to the current socio-political landscape.
For further information, please contact:
Prof. D. Kiran Jeevana PRO, St. Joseph’s University
ಆರ್ಟ್ ಕಲ್ಚರಲ್ ಎಜುಕೇಷನಲ್ ಎನ್ಲೈಟ್ ಫೌಂಡೇಶನ್ನ ಸಂಸ್ಥಾಪಕಿ ಡಾ ಅಂಬಿಕಾ ಸಿ ರವರ ಉಪಸ್ಥಿತಿಯಲ್ಲಿ ದಿನಾಂಕ 22: 1: 2024ರ ಸಂಜೆ ಬೆಂಗಳೂರಿನ ರವೀಂದ್ರ ಕಲಾಕ್ಷೇತ್ರದಲ್ಲಿ ನಡೆದ ಅಯೋಧ್ಯೆಯ ಶ್ರೀ ರಾಮ ಮಂದಿರದ ಉದ್ಘಾಟನಾ ಮತ್ತು ಪ್ರಾಣ ಪ್ರತಿಷ್ಠಾಪನೆ ಅಂಗವಾಗಿ ನಾಟ್ಯ ಕುಸುಮಾಂಜಲಿ ನೃತ್ಯ ಅಕಾಡೆಮಿಯಿಂದ ಆಯೋಜಿಸಲಾಗಿದ್ದ, ದೀಪಬೆಳಗುವ ಕಾರ್ಯಕ್ರಮದಲ್ಲಿ ಭರತನಾಟ್ಯ ವಿದ್ಯಾರ್ಥಿಗಳು ದೀಪ ಬೆಳಗುವ ಮೂಲಕ, ಶ್ರೀರಾಮ ದೇವರಿಗೆ ನಮಸ್ಕಾರವನ್ನು ಸಲ್ಲಿಸಿದರು.
Disbursement up 17%/ 19% YoY for Q3FY24/9MFY24; Gross loan book up 27% YoY; Secured book at 28.3% as of Dec’23 vs 27.5% as of Sep’23; Asset quality continues to be healthy with GNPA/NNPA at 2.1%/0.16% & PAR at 3.6%; Deposits at ₹29,669 crore up 28% YoY; CASA up 24% YoY; CASA ratio at 25.5%; RoA /RoE at 3.1% /24.2% for Q3FY24
Bengaluru, Wednesday 24 January, 2024: Ujjivan Small Finance Bank ltd. [BSE: 542904; NSE: UJJIVANSFB], today announced its financial performance for the nine month and quarter ended December 31, 2023
Summary of Ujjivan Small Finance Bank Business Performance – Q3FY24 and 9MFY24 Assets • Disbursements were at ₹ 5,675 crore/ ₹ 16,708 crore in Q3FY24/9MFY24 up 17%/19% YoY • Affordable Housing$ disbursed ₹ 595 crore/ ₹ 1,554 crore in Q3FY24/9MFY24 up 73%/63% YoY • Gross loan book at ₹27,743* crore up 27%/4% YoY/QoQ • Secured book at 28.3% as of Dec’23 vs 27.5% as of Sep’23 Collection and Asset Quality • Continued traction on Collections with ~99% efficiency in Dec’23; NDA collection consistently at ~100% • Portfolio at risk* at 3.6% as of Dec’23; GNPA* declined to 2.1% as of Dec’23 vs 2.2% as of Sep’23; NNPA* continues to be negligible at 0.16% as on Dec’23 • Q3FY24 write-off at ₹ 93 crore; Provision coverage ratio as on Dec’23 is 92%# Deposits • Deposits at ₹ 29,669 crore as of Dec’23 up by 28%/2% YoY/QoQ • CASA at ₹ 7,556 crore up 24%/8% YoY/QoQ; CASA ratio at 25.5% as of Dec’23 vs 24.1% as of Sep’23 • Retail TD^ grew 40%/9% YoY/QoQ Financials • Q3FY24 NII of ₹ 860 crores up 23% YoY; NIM at 8.8% for Q3FY24 vs 8.8% for Q2FY24 • Cost to Income ratio at 56% in Q3FY24 vs 53% for Q3FY23 • Q3FY24 PPoP at ₹ 457 crore up 18% YoY; PAT of ₹ 300 crore up 2% YoY Capital and Liquidity • Capital adequacy ratio at 24.37% with Tier-1 capital at 21.97% • Excess system liquidity further moderated during the quarter • Provisional Daily LCR at 137% as on 31st Dec’23 vs 158% as on 30th Sep’23
Mr. Ittira Davis, MD & CEO, Ujjivan Small Finance Bank said, “Q3FY24 was yet another good quarter with healthy disbursements and high deposit accretion supported by strong CASA growth. Focus towards improving our secured book continued, increasing to 28.3% for the quarter vs 27.5% in the last quarter. During the quarter disbursements stood at ₹ 5,675 crore. Affordable Housing (including Micro-Mortgages) continues to grow with strong underlying demand and improving business productivity quarter on quarter; disbursed ₹ 595 crore for the quarter up 73% YoY. Further as we had stated earlier that we are moving to a hub & spoke model for our Housing & MSME business to enable quicker business decisions. We are witnessing significant reduction in TAT and increased business productivity. Reaping on the benefits of such operational efficiencies we currently have a total of 13 active hubs as on Dec’23. Focussed to diversify our book and enhance the product portfolio offered by the Bank we continue to develop on the other high yielding business segments like Gold loans and Two wheeler loans. These are currently very small but are expected to grow fast and add to secured book growth in coming quarters. Additionally, we have partnered with few Fintechs which we believe will provide us synergistic benefits going ahead and improve our product offerings. During the quarter we on-boarded two new Fintechs and started disbursements under the MSME business. On the deposit front, we have strategically further reduced our reliance on bulk deposits and have been successfully growing retail deposits. Initiatives such as nation-wide brand campaign and launch of value-add liability products has started to contribute meaningfully. This resulted in CASA book growing by 8% QoQ, sourcing more than ₹ 500 crore of CASA during the quarter despite stiff market competition. CASA ratio also improved to 25.5% vs 24.1% last quarter. In addition to this we have also started to offer our SA & TD products through alternate Digital channels. This will further add granularity to our liability book. Our focus on reducing excess liquidity in the system continued, reducing our daily LCR to 137% as on end of Dec’23. This aided in easing of pressure from the margins. We reported a PPoP of ₹ 457 crore supported by our NII growing by 23% YoY and 4% QoQ. Credit cost continues to stabilise and will continue to move towards normal levels as we progress. PAT for the quarter was ₹ 300 crore. Ujjivan’s strong business & financial performance over last 8 consecutive quarters continues showcasing healthy RoA /RoE of 3.1% /24.2% respectively for Q3FY24 and remains among the best in the industry.
Our guidance on loan and deposit book growth remains intact. Credit cost will continue to remain within sub 100 bps as per our earlier guidance. In line with our strategy, we will continue to expand our physical presence across the country. During this quarter 29 new branches were opened, taking our total branch count to 729. In Q4 we will be adding ~23 more branches.
Further we believe, we are in the final stages of merger with our holding company as a hearing by Hon’ble NCLT is scheduled on 30th Jan’24 to which we expect a positive outcome. Having said that, we expect merger process to get completed within this financial year.”
City Today News 
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