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The small finance bank status provided the opportunity to expand Ujjivan's range of loan products, and also to accept deposits rather than relying on other financial institutions to provide funds for the loans. [10] Ujjivan received the final license from the Reserve Bank of India on 11 November 2016 to set up a small finance bank. [11]
Ujjivan Financial Services Limited (NSEI:UJJIVAN), a consumer finance company based in India, saw a decent share price growth in the teens level on the NSEI over the last few months.Read More...
Samit Ghosh is the founder of Ujjivan Financial Services Limited, and was its managing director and chief executive officer until 31 January 2017, when he accepted an equivalent role with subsidiary Ujjivan Small Finance Bank. [1] Prior to 2004, he held positions at Citibank, Standard Chartered, and HDFC Bank. He was CEO of Ujjivan Financial ...
Shivalik Small Finance Bank 2021 Saharanpur, Uttar Pradesh: 73 [84] Suryoday Small Finance Bank: 2017 Navi Mumbai, Maharashtra: 695 [85] Ujjivan Small Finance Bank: 2017 Bangalore, Karnataka: 752 ₹ 33,316 crore (US$3.8 billion) ₹ 4,754 crore (US$540 million) [86] Unity Small Finance Bank 2021 Mumbai, Maharashtra 334 Fincare Small Finance ...
On 16 November 1864, the governor warned civil servants not to participate in the current frenzy. New companies were floated with new share issues publicized in the newspapers. Forward contracts further promoted speculative purchases. However, the market crashed in May 1865 when the civil war ended, causing cotton prices to fall.
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [32]
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange which is located on Dalal Street. [8] Established with the efforts of cotton merchant Premchand Roychand in 1875, [ 9 ] [ 10 ] it is the oldest stock exchange in Asia , [ 11 ] and also the tenth oldest in the world. [ 12 ]
As of October 2018, the BSE SME segment is the market leader of its kind in India with about 275 SME listed, 54 of which have grown and successfully migrated to the main Board of the Exchange. [26] As a big believer of equity inclusion, in 2013 he pushed BSE to develop a Mutual Fund Distribution Platform - BSE StAR MF.