The Reserve Bank of India (RBI) has given its go-ahead to Ujjivan Small Finance Bank (SFB) to form a special committee of directors to oversee operations in the absence of an MD and CEO.
The Reserve Bank of India in a letter dated September 15, 2021, has approved the constitution of 'Special Committee of Directors' with three independent directors as its members.
Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.
