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Press background on Ujjivan Small Finance Bank
Company profile
Ujjivan Financial Services, a microfinance institution (MFI), started operations in Bangalore in 2005 and serves over 2 Million urban and semi-urban customers in 24 states across India with over 6500 employees at 423 branches. It has disbursed loans of over Rs.9800 Crores with a repayment rate of over 99%.Ujjivan runs a robust financial literacy program and other initiatives in collaboration with sister non-profit organization Parinaam Foundation.
 Recent press releases
Ujjivan SFB's Initiative Wins Gold at the Cannes Lions International Festival of Creativity

Ujjivan Small Finance Bank’s initiative ‘Shagun Ka Lifafa’ won a Gold at the Cannes Lions International Festival of Creativity, in Creative Commerce category. The initiative aims to give financial independence to women in Tier-II and III Indian cities through a redesigned ... (more)
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Ujjivan SFB's Remarkable Turnaround; Strong Business Volumes with Highest-ever Disbursement, Robust Growth in Deposits for 2 Consecutive Quarters

Turns profitable with net profit of Rs. 127 crore; RoA at 2.3%/RoE at 18.7%**;
Strong Business volumes with highest-ever disbursement; deposits up 39% Y-o-Y;
Continued improvement in collections; Mar’22 collections at 100%
Significant improvement in ass... (more)
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Ujjivan, First MFI to Raise CP through Domestic Mutual Fund

Bangalore-headquartered Ujjivan Financial Services, a leading microfinance institution with pan-India presence, has raised Rs. 50 Crores from a domestic Mutual Fund through placement of Commercial Paper and IFMR Capital was the sole arranger to the Issue.
 
This is the... (more)
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Ujjivan Financial Services Raises Rs 100 Crores NCD through HSBC

Ujjivan Financial Services, a leading microfinance institution with pan-India presence, has raised Rs.100 Crores from domestic Mutual Fund through issuance of listed, secured, redeemable, non-convertible debentures (NCDs).HSBCwas the sole arranger to the Issue.
 
The NC... (more)
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Ujjivan Launches Landmark Project to Improve Efficiency in Disbursement of Loans

- Targets 3,000 crore disbursement through more than 400 branches across 23 states and Union Territories.
 
Ujjivan Financial Services, a pioneering microfinance institution, today announced that it has launched its handheld field technology to empower its employees to ... (more)
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Ujjivan Raises Rs.40 Crores through Non-Convertible Debentures

Bangalore-headquartered Ujjivan Financial Services, a leading microfinance institution with pan-India presence, has raised INR 40 Crores of debt capital through issuance of listed, secured, redeemable, non-convertible debentures (NCDs) to Oikocredit .
 
The NCDs are lis... (more)
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