Ujjivan Financial Services has transferred its business to Ujjivan Small Finance Bank on February 1, 2017. Ujjivan Small Finance Bank has commenced operations as a small finance bank with effect from February 1, 2017, after the RBI issuing a licence to the bank for operating as a small finance bank in India.
Ujjivan Financial Services started its operations as a NBFC, spread across 24 states and 209 districts across India, making it the largest MFI in terms of geographical spread.