Ujjivan SFB Received Scheduled Bank Status from RBI

Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given scheduled bank status by RBI.

Currently, Ujjivan SFB has 65 full-fledged brick and mortar branches in eight states and two Union Territories. Ujjivan SFB commenced its operations as a Small Finance Bank with effect from February 1, 2017. 
Important Takeaways from Above News-
  • Samit Ghosh is the MD & CEO of Ujjivan SFB.
  • It is Headquartered in Bengaluru, Karnataka.
Source- The Hindu Business Line

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