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Website. www .ujjivansfb .in. Ujjivan Small Finance Bank Limited is an Indian small finance bank based in Bangalore, which commenced operations on 1 February 2017. [3] [4] Ujjivan Financial Services holds an 80 percent stake in the bank. [5] Ujjivan Small Finance Bank is licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry ...
Samit Ghosh. Born. 1949 (age 74–75) Dhanbad, India. Education. Wharton School ( MBA) Title. Founder of Ujjivan Small Finance Bank. Samit Ghosh is the founder of Ujjivan Financial Services Limited, and served as its managing director and chief executive officer until 31 January 2017, when he accepted an equivalent role with subsidiary Ujjivan ...
Small finance banks (SFB) are a type of niche banks in India.Banks with a SFB license can provide basic banking service of acceptance of deposits and lending.The aim behind these is to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
Ujjivan Financial Services Limited (NSEI:UJJIVAN), a consumer finance company based in India, saw a decent share price growth in the teens level on the NSEI over the last few months.Read More...
Website. pmcbank .com. Punjab & Maharashtra Co-operative Bank Limited (PMC), is a multi-state co-operative bank that began operations in 1983. It has 137 branches spread over half a dozen states of India and nearly 100 branches are in Maharashtra. It is regulated by the Reserve Bank of India and registered under the Cooperative Societies Act. [1]
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AU Bank was the only non-banking finance company to receive this license. Agarwal was first appointed as managing director of Au Financiers on 14 February 2008. As the company transformed into a Small Finance Bank on 19 April 2017, he became the Managing Director & CEO of AU Small Finance Bank.
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