Ujjivan Small Finance Bank Ltd

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Ujjivan Small Finance Bank Ltd
About Ujjivan Small Finance Bank Ltd Ujjivan Small Finance Bank Limited, a subsidiary of Ujjivan Financial Services Limited, focuses on financially underserved segments in India, promoting financial inclusion. Initially launched as a non-banking financial company in 2005, the bank received approval from the Reserve Bank of India to operate as a Small Finance Bank in 2016 and commenced operations in 2017. It boasts a diversified portfolio with a widespread presence across 24 states and union territories and serves 4.72 million customers as of 2019. The bank has steadily expanded its infrastructure, operating 629 branches and 517 ATMs as of March 31, 2023. It offers a range of products, including savings accounts, loans, and insurance, and has embraced digital solutions for customer onboarding and servicing. Ujjivan Small Finance Bank went public with an IPO in December 2019, and has since launched new products and services like health insurance, PoS machines, and cash management solutions. Its strategic expansion includes new branches and regional processing hubs to better serve MSME customers.
Founded 2016
Headquarters New Delhi