Ujjivan Financial Services, Fino Finance, other NBFCs surrender licensesNine non-banking finance companies, including Ujjivan Financial Services and Fino Finance, have given up their licenses for various reasons...
02 Jul, 2024, 06.46 PM IST
Hot Stocks: Brokerages view on Persistent Systems, Ujjivan SFB, HDFC Bank and Craftsman AutomationPersistent has performed well recently in the last 1 month. The stock is not factoring in near-term softness - decision-making has not impr...
11 Sep, 2023, 10.27 AM IST
Ujjivan SFB reports Q3 net profit at at Rs 293 croreThe lender reported a negative provisions of Rs 22 crore which is reflection of provisions write-back on net basis in line with improvement...
02 Feb, 2023, 05.31 PM IST
Ujjivan Financial board approves merger with Ujjivan SFBAlthough the merger is subject to the regulator's final approval, the Reserve Bank of India already offered its in-principle go-ahead to th...
14 Oct, 2022, 08.56 PM IST
Ujjivan Small Finance Bank closes QIP issue; raises Rs 475 croreThe meeting of the Merger and Placement Committee of the board of directors approved the closure of the issue period for the issue on Septe...
16 Sep, 2022, 09.26 AM IST
Ujjivan SFB launches QIP at floor price of Rs 21.93The Merger and Placement Committee of the board has, at its meeting held on September 12, 2022, passed resolutions for authorising the open...
12 Sep, 2022, 09.43 PM IST
High attrition at senior level, asset quality are concerns for the bank: Samit Ghosh, founder of Ujjivan Financial Services"Nitin Chugh's resignation has come as a surprise," Ujjivan's founder and non-executive chairman of the holding company Samit Ghosh told ET...
19 Aug, 2021, 10.23 PM IST
Ujjivan will reverse merge, stabilise and then go for universal licence: Samit Ghosh“We are keenly watching what happens to Equitas in the reverse merger process because they are ahead of us and we will follow suit. But our...
13 Aug, 2021, 02.40 PM IST
RBI's nod to SFBs and holding companies merger can unlock value for Ujjivan"We will apply for merger in late October-early November and then RBI will give us the approval, the process cannot start before our fifth ...
12 Jul, 2021, 10.48 PM IST
Ujjivan Financial, Equitas Holdings hit upper circuit. Here's whyOn Monday, Equitas Small Finance Bank soared 19 per cent to Rs 76.75, whereas shares of Ujjivan Small Finance Bank jumped 11 per cent to Rs...
12 Jul, 2021, 10.16 AM IST
Kotak recommends buy for holding cos of Equitas, Ujjivan, sees better risk rewardThe brokerage said it is seeing diverging performance for small finance bank shares leading to holding company discount for Equitas Holding...
28 Nov, 2020, 09.59 AM IST
Ujjivan SFB eyes small businesses amid retreat by NBFCsMany Indian lenders are focusing their efforts on the lucrative retail loans’ business.
20 Jan, 2020, 03.04 PM IST
Why an IPO plan for bank unit sent shares of this holding firm crashingNomura India expects the holding company to attract a holding discount of 20-80 per cent.
27 Aug, 2019, 03.26 PM IST
Small finance bank promoters can sell holdings fully after 5 yearsThe new draft is likely to address discrepancies related to the holding company structure for small finance banks along with the listing is...
27 Aug, 2019, 08.00 AM IST
Ujjivan Small Finance Bank to raise Rs 1,200 crore via stake saleThe post issue valuation of the bank would be around Rs 8500 crore.
06 Aug, 2019, 09.18 PM IST
Small finance banks' capital rules on RBI radar againThe review of the norms may immediately benefit Equitas Small Finance Bank and Ujjivan Small Finance Bank, which are desperately trying to ...
21 May, 2019, 10.48 PM IST
RBI halts small bank promoters’ reverse merger plansThe central bank said the banks have to be listed within three years, without fail.
30 Oct, 2018, 09.35 AM IST