CleanupBot II: Removed empty portal template using script

2023-08-15T08:16:04Z

Removed empty portal template using script

← Older revision		Revision as of 13:46, 15 August 2023
Line 34:		Line 34:

	==See also==		==See also==
	~~{{Portal\|Banks}}~~
	* [[Banking in India]]		* [[Banking in India]]
	* [[List of banks in India]]		* [[List of banks in India]]
Line 48:		Line 48:

	== External links ==		== External links ==
	~~{{Portal\|Banks}}~~
	* {{Official website\|https://www.ujjivansfb.in}}		* {{Official website\|https://www.ujjivansfb.in}}

42.106.241.216 at 15:24, 21 September 2021

2021-09-21T15:24:51Z

← Older revision		Revision as of 20:54, 21 September 2021
Line 19:		Line 19:
	\| website = https://www.ujjivansfb.in		\| website = https://www.ujjivansfb.in
	}}		}}

	'''Ujjivan Small Finance Bank Limited''' is an Indian [[small finance bank]] based in [[Bangalore]], which commenced operations on 1 February 2017.<ref>{{Cite news\|url=http://www.livemint.com/Industry/BR7jv84s5ryVL7GyW8ef6J/Ujjivan-Small-Finance-Bank-to-offer-4-interest-rate-on-savi.html\|title=Ujjivan Financial Services launches small finance bank}}</ref><ref>{{Cite news\|url=http://economictimes.indiatimes.com/industry/banking/finance/banking/ujjivan-small-finance-bank-launches-operations/articleshow/56998434.cms\|title=Ujjivan Small Finance Bank launches operations}}</ref> Ujjivan Financial Services holds an 80 percent stake in the bank.<ref>https://economictimes.indiatimes.com/markets/stocks/news/ujjivan-small-finance-bank-lists-at-59-premium-over-issue-price/articleshow/72484801.cms</ref>		'''Ujjivan Small Finance Bank Limited''' is an Indian [[small finance bank]] based in [[Bangalore]], which commenced operations on 1 February 2017.<ref>{{Cite news\|url=http://www.livemint.com/Industry/BR7jv84s5ryVL7GyW8ef6J/Ujjivan-Small-Finance-Bank-to-offer-4-interest-rate-on-savi.html\|title=Ujjivan Financial Services launches small finance bank}}</ref><ref>{{Cite news\|url=http://economictimes.indiatimes.com/industry/banking/finance/banking/ujjivan-small-finance-bank-launches-operations/articleshow/56998434.cms\|title=Ujjivan Small Finance Bank launches operations}}</ref> Ujjivan Financial Services holds an 80 percent stake in the bank.<ref>https://economictimes.indiatimes.com/markets/stocks/news/ujjivan-small-finance-bank-lists-at-59-premium-over-issue-price/articleshow/72484801.cms</ref>

imported>DaxServer: Add back cat per discussion WP:TCAT using Pywikibot category add

2021-08-22T15:39:44Z

Add back cat per discussion WP:TCAT using Pywikibot category add

New page

{{COI|date=July 2020}}
{{Use Indian English|date=August 2017}}
{{Use dmy dates|date=August 2017}}
{{Infobox company
| name = Ujjivan Small Finance
| image = This_is_the_Ujjivan_Small_Finance_Bank_Official_Logo.svg
| type = [[Small finance bank]]
| traded_as = {{BSE|542904}}<br/>{{NSE|UJJIVANSFB}}
| industry = [[Banking]], [[Financial services]]
| founded = 1 February 2017
| location = [[Bangalore]], [[Karnataka]], [[India]]
| area_served = India
| key_people = {{ubl| Nitin Chugh <br> {{small|(MD & CEO)}}<ref>{{cite news|url=https://www.thehindubusinessline.com/money-and-banking/ujjivan-small-finance-bank-appoints-nitin-chugh-as-md-ceo-from-december-1/article27157834.ece/amp/|title=Ujjivan Small Finance Bank appoints Nitin Chugh as next MD and CEO|work=thehindubusinessline|access-date=20 May 2019}}</ref>}}
| assets = ₹9,473 crores (US${{To USD|94.732|IND|round=2}} billion)<ref>{{cite web|title=Standalone financial results auditors report March 31 2018|url=https://www.ujjivansfb.in/pdf/standalone-financial-results-auditors-report-march-31-2018.pdf|website=ujjivansfb.in|access-date=15 May 2018}}</ref>
| assets_year = 2018
| equity = ₹4,177 crores (US${{To USD|41770|IND|round=yes}} million)
| equity_year = 2018
| num_employees = 16,000+
| website = https://www.ujjivansfb.in
}}
'''Ujjivan Small Finance Bank Limited''' is an Indian [[small finance bank]] based in [[Bangalore]], which commenced operations on 1 February 2017.<ref>{{Cite news|url=http://www.livemint.com/Industry/BR7jv84s5ryVL7GyW8ef6J/Ujjivan-Small-Finance-Bank-to-offer-4-interest-rate-on-savi.html|title=Ujjivan Financial Services launches small finance bank}}</ref><ref>{{Cite news|url=http://economictimes.indiatimes.com/industry/banking/finance/banking/ujjivan-small-finance-bank-launches-operations/articleshow/56998434.cms|title=Ujjivan Small Finance Bank launches operations}}</ref> Ujjivan Financial Services holds an 80 percent stake in the bank.<ref>https://economictimes.indiatimes.com/markets/stocks/news/ujjivan-small-finance-bank-lists-at-59-premium-over-issue-price/articleshow/72484801.cms</ref>

Ujjivan Small Finance Bank is licensed under Section 22 (1) of the [[Banking Regulation Act, 1949]] to carry out small finance bank business and received [[Scheduled Bank]] status from the [[Reserve Bank of India]] in August 2017.<ref>{{cite news|last1=Pani|first1=Priyanka|title=Ujjivan SFB receives scheduled bank status from RBI|url=http://www.thehindubusinessline.com/money-and-banking/ujjivan-small-finance-bank-receives-scheduled-bank-status-from-rbi/article9836399.ece|work=The Hindu Business Line|publisher=The Hindu Business|date=30 August 2017|language=en}}</ref><ref>{{cite news|title=We are targeting loan growth of 18-20% in FY18: Sudha Suresh, MD and CEO, Ujjivan Financial Services|url=http://www.financialexpress.com/industry/we-are-targeting-loan-growth-of-18-20-in-fy18-sudha-suresh-md-and-ceo-ujjivan-financial-services/841289/|work=The Financial Express|publisher=Financial Express|date=5 September 2017}}</ref>

== History ==
On 7 October 2015, Ujjivan Financial Services received an in-principle approval from the Reserve Bank of India to set up a small finance bank.<ref>{{Cite news|url=http://www.livemint.com/Industry/dZ6ywVBwrNXMy3i28av4lK/Ujjivan-becomes-fourth-entity-to-receive-small-finance-bank.html|title=Ujjivan becomes fourth entity to receive small finance bank license}}</ref><ref>{{Cite web|url=https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=35010|title=RBI grants "In-principle" Approval to 10 Applicants for Small Finance Banks}}</ref> At the time, the company already serviced over 2.6 million customers from 464 branches in 24 states. The small finance bank status provided the opportunity to expand Ujjivan's range of loan products, and also to accept deposits rather than relying on other financial institutions to provide funds for the loans.<ref>{{cite web|last1=Ghosh|first1=Debojyoti|title=Former banker Samit Ghosh's epiphany {{!}} Forbes India|url=http://www.forbesindia.com/article/leadership-awards-2015/former-banker-samit-ghoshs-epiphany/41237/1|website=Forbes India|access-date=25 March 2018|date=12 October 2015}}</ref> Ujjivan received the final license from the Reserve Bank of India on 11 November 2016 to set up a small finance bank.<ref>{{Cite news|url=http://economictimes.indiatimes.com/industry/banking/finance/banking/ujjivan-gets-final-rbi-nod-for-small-finance-bank/articleshow/55416775.cms|title=Ujjivan gets final RBI nod for small finance bank}}</ref> By February 2018, Ujjivan was present across 24 states and union territories, 209 districts in India, catering to over 3.7 million customers.<ref>{{cite news|title=Ujjivan Financial jumps after unit receives scheduled bank status|url=http://www.business-standard.com/article/news-cm/ujjivan-financial-jumps-after-unit-receives-scheduled-bank-status-117083000200_1.html|access-date=25 March 2018|work=Business Standard India|agency=Capital Market|date=30 August 2017}}</ref><ref>{{cite news|last1=Shankar|first1=Jay|title=Ujjivan to expand retail business next year|url=http://www.thehindu.com/business/Industry/ujjivan-to-expand-retail-business-next-year/article22784938.ece|access-date=25 March 2018|work=The Hindu|date=17 February 2018|language=en-IN}}</ref>

In October 2019, Ujjivan Small Finance Bank received approval from the [[Securities and Exchange Board of India]] to raise ₹1,200 crores (US${{To USD|12000|IND|round=yes}} million) in an [[initial public offering]] (IPO).<ref>{{cite news |title=Ujjivan Small Finance Bank gets Sebi's go-ahead for IPO |url=https://economictimes.indiatimes.com/markets/ipos/fpos/ujjivan-small-finance-bank-gets-sebis-go-ahead-for-rs-1200-crore-ipo/articleshow/71707806.cms |access-date=8 November 2019 |work=The Economic Times |date=22 October 2019}}</ref> The IPO was 166 times oversubscribed by the final day of bidding, 4 December 2019.<ref>{{cite news |title=Ujjivan Small Finance Bank IPO subscribed 166 times on final day, receives bids worth Rs 76,000 crore |url=https://www.businesstoday.in/markets/ipo-corner/ujjivan-small-finance-bank-ipo-subscription-bids-final-day-rbi/story/391542.html |access-date=5 December 2019 |work=Business Today |date=5 December 2019}}</ref>

== Products ==
Ujjivan SFB provides a range of products and services such as [[savings account]], [[Current account (banking)|current account]], [[fixed deposit]]s (FD),<ref>{{Cite news|url=http://www.firstpost.com/business/ujjivan-small-finance-bank-launched-to-offer-fixed-recurring-deposits-at-5-5-8-3269974.html|title=Ujjivan Small Finance Bank launched, to offer fixed, recurring deposits at 5.5-8%}}</ref> [[recurring deposit]]s (RD), Micro Loans, [[Home loans|Home Loans]] & [[Small business loan|Small Business Loans]].<ref>{{Cite news|url=http://economictimes.indiatimes.com/markets/expert-view/focusing-on-mse-and-housing-in-next-2-years-samit-ghosh-ujjivan-small-finance-bank/articleshow/59911260.cms|title=Focusing on MSE and housing in next 2 years: Samit Ghosh, Ujjivan Small Finance Bank}}</ref>
The bank also offers internet banking, phone banking and mobile banking facilities to customers. Ujjivan SFB ATM is [[Biometrics|biometric]] enabled, thereby enabling customers to withdraw money through biometric authentication.<ref>{{Cite news|url=http://timesofindia.indiatimes.com/business/india-business/Ujjivan-Financial-Services-to-use-biometric-ATMs/articleshow/54919272.cms|title=Ujjivan Financial Services to use biometric ATMs}}</ref> Customers can open their bank account in 5–7 minutes on a hand-held device through [[Aadhar|Aadhaar]] enabled [[Know your customer|KYC]]. The bank has introduced Senior Citizen Product<ref>{{Cite news|url=http://www.deccanherald.com/content/647723/ujjivan-sfb-launches-senior-citizen.html|title=Ujjivan SFB Launches Senior Citizen Account|work=Deccan Herald}}</ref> and Tax Saver Fixed Deposit.<ref>{{Cite news|url=https://www.thehindubusinessline.com/money-and-banking/ujjivan-bank-launches-tax-saver-fd-scheme/article10038030.ece|title=Ujjivan Bank launches tax saver FD scheme|work=The Hindu Business Line}}</ref>

==See also==
{{Portal|Banks}}
* [[Banking in India]]
* [[List of banks in India]]
* [[Reserve Bank of India]]
* [[Small finance bank]]
* [[Indian Financial System Code]]
* [[List of largest banks]]
* [[List of companies of India]]
* [[Make in India]]

== References ==
{{Reflist}}

== External links ==
{{Portal|Banks}}
* {{Official website|https://www.ujjivansfb.in}}

{{Banking in India}}

[[Category:Companies based in Bangalore]]
[[Category:Banks established in 2017]]
[[Category:Small finance banks]]
[[Category:Indian companies established in 2017]]
[[Category:Private sector banks in India]]
[[Category:2017 establishments in Karnataka]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Ujjivan Small Finance Bank - Revision history

CleanupBot II: Removed empty portal template using script

42.106.241.216 at 15:24, 21 September 2021

imported>DaxServer: Add back cat per discussion WP:TCAT using Pywikibot category add