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Ujjivan Financial Services’ arm aims deposit base of Rs 6000 crore

05 Nov 2018 Evaluate

Ujjivan Financial Services’ wholly-owned subsidiary -- Ujjivan Small Finance Bank (SFB) is aiming a deposit base of Rs 6000 crore by the end of the current financial year. Currently, the deposit base of both retail and bulk of the SFB stood at Rs 4000 crore.

Ujjivan is the holding company of Ujjivan Small Finance Bank, which is focused on providing loans and savings products to the unserved and underserved population.

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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