Ujjivan Small Finance Bank: Better Days Ahead but Inherent Risks Remain
Moneylife Digital Team 09 August 2022
Ujjivan Small Finance Bank (USFB) is a subsidiary of Ujjivan Financial Services (UFS), a Bengaluru-based microfinance company registered as non-banking financial company-micro finance institution (NBFC-MFI) with the Reserve Bank of India (RBI). UFS had been operating in the micro finance space since 2005 and it primarily relied on joint liability group (JLG) model in urban and semi urban areas...
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