Ujjivan Financial Services's net interest margin amounted to 10.4% in the third quarter of 2019, up from 10.0% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 11.6% in 1Q2018 and an all time low of 6.35% in 1Q2017. The average margin in the last six quarters amounted to 9.97%.
Average asset yield was 17.4% in 3Q2019, up from 15.9% when compared to the same period last year. On the other hand, cost of funding amounted to 8.01% in 3Q2019, up from 7.13%.