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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]
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Ujjivan Small Finance Bank This page was last edited on 28 November 2024, at 02:05 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4 ...
Samit Ghosh is the founder of Ujjivan Financial Services Limited, and served as 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 served as CEO of Ujjivan ...
Small finance banks (SFB) are a type of niche banks in India.Banks with a SFB license can provide basic banking service of acceptance of deposits and lending.The aim behind these is to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
Omnicom is buying Interpublic Group in a stock-for-stock deal that will create the largest ad agency in the world with combined annual revenue of almost $26 billion. The names may be unfamiliar to ...
Eight people were killed and 17 others injured in a stabbing attack on a college campus in eastern China on Saturday, police said — the latest in a recent spate of attacks that has shaken a ...
The Affirm app on a smartphone in Germantown, N.Y., on May 4. Two trendy areas in finance — fintech and private credit — are coming together in a new multibillion-dollar joint venture.