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Ujjivan may move resolution again to appoint Samit Ghosh MD & CEO


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Ujjivan Small Finance Bank launches women savings account, offers 7% rate of interest


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Ujjivan Small Finance Bank launches women savings account, offers 7% rate of interest 
Ujjivan Small Finance Bank announced the launch of Women Savings Account catering to the financial needs of women. ‘Garima Savings Account’, as the product has been named will offer multiple customised benefits to women including upto a maximum of 7% rate of interest on savings account. 
Through this product, Ujjivan SFB aims to serve the financially aware and economically active women of mass market and become a companion in their day to day banking needs. 
Garima Savings Account offers a higher cash deposit and free unlimited withdrawal at any Ujjivan SFB branch with no additional charges for non- home branch transactions. Customers would also enjoy unlimited free NEFT and RTGS transactions through internet banking and mobile banking.  ....

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Ujjivan Small Finance Bank aims to turn into universal bank

Micro banking constituted 73.2% of the gross advances and includes group loans, individual micro loans and agri and allied loans till December, 2020 end ....

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BS SFB Round Table: Rural, urban India show little difference, say experts


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'In Q4, we are looking at growing the business, but methodically'


‘In Q4, we are looking at growing the business, but methodically’
Surabhi
Mumbai |
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Nitin Chugh, Managing Director and CEO, Ujjivan Small Finance Bank   -  BusinessLine×
‘Credit demand has started returning as people get back to their livelihoods. Disbursement is even stronger in January. Demand is coming from across sectors’
The micro-finance sector is showing signs of improvement barring some lagging areas and customer sets. However, there is demand for credit, said Nitin Chugh, Managing Director and CEO, Ujjivan Small Finance Bank. In an interview with
BusinessLine, he also spoke on the new products the bank is working on and discussed the third quarter results. Excerpts: ....

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