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Ujjivan Small Finance Bank gets nod to raise up to Rs 2000 crore

08 May 2026 Evaluate

Ujjivan Small Finance Bank has received approval for raising of funds of up to Rs 2000 crore, in one or more tranches and/or one or more issuances simultaneously or otherwise, by way of an issue of fully paid-up Equity Shares, through one or more permissible modes, including but not limited to preferential issue(s), private placement(s), qualified institutions placement(s) and/or any combination thereof or any other method as may be permitted under the Companies Act, 2013. The Board of Bank at its meeting held on May 08, 2026, has inter alia considered and approved the same. 

Ujjivan Small Finance Bank is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country.


Peers
Company Name CMP
HDFC Bank 718.85
ICICI Bank 1301.25
Axis Bank 1211.00
Kotak Mahindra Bank 402.00
Indusind Bank 907.85
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