Ujjivan Small Finance Bank has received approval from board of directors to raise upto Rs 1,500 crore by way of issuance of non-convertible debt (NCDs) securities on a private placement basis, in one or more tranches, within a period of 1 year. The Board of Directors of the Bank, in its meeting held on June 08, 2022 has considered and approved the same.
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.
