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Ujjivan Financial Services transfers its business to Ujjivan Small Finance Bank

03 Feb 2017 Evaluate

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.

Peers
Company Name CMP
Power Finance Corpn. 318.00
REC 289.10
NHIT 168.00
Satin Creditcare Net 227.20
IFCI 65.17
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