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.
Ujjivan Small Finance Bank (USFB) Limited, one of the leading small finance banks catering to the un-served and under-served segments, won the 'Best CRM implementation' award. The CRM initiative, in collaboration with BUSINESSNEXT, a universe of composable enterprise solutions for banks and... (more)
Ujjivan Small Finance Bank is proud to announce that its Hello Ujjivan app has won the 13th Aegis Graham Bell Awards (AGBA) in the "Innovation in Consumer Tech" category. The thirteenth edition of the prize is an initiative of Aegis School of Data Science, backed by the Ministry of Electr... (more)
Ujjivan Small Finance Bank is pleased to announce the launch of the 'Unpause Initiative', a programme designed to assist women who have taken a career break for any reason and are now ready to return to the workforce. The initiative is part of our commitment to promoting workplace diversity... (more)
Highlights:
Highest interest rate for regular customers would be 8% for 80 weeks (560 days)
Highest interest rate for Senior citizens would be 8.75% for 80 weeks (560 days)
Platina FD would get an additional interest rate of 0.20%. These are applicable for deposi... (more)
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 version ... (more)
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 asset quali... (more)
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.
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.
- 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 provide ... (more)
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 .
