Ujjivan Small Finance Bank: Difference between revisions
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== Awards == |
== Awards == |
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Ujjivan has been ranked 13th on India’s Best Companies To Work For by Great Place To Work Institute & The Economic |
Ujjivan has been ranked 13th on India’s Best Companies To Work For by Great Place To Work Institute & The Economic http://www.greatplacetowork.in/best-companies/indias-best-companies-to-work-for#.<ref>{{Cite news|url=http://economictimes.indiatimes.com/news/company/corporate-trends/indias-best-companies-to-work-for-2017-the-complete-list/articleshow/59419981.cms|title=India's best companies to work for 2017: The complete list|last=|first=|date=|work=|access-date=|archive-url=|archive-date=|dead-url=}}</ref> Ujjivan won Platinum Award for Inclusive Insurance at the SKOCH Insurance Awards 2016.<ref>{{Cite web|url=http://www.thehindubusinessline.com/money-and-banking/ujjivan-bags-award-for-inclusive-insurance/article9114986.ece|title=Ujjivan won award for inclusive insurance|last=|first=|date=|website=|archive-url=|archive-date=|dead-url=|access-date=}}</ref> MD & CEO, Mr. Samit Ghosh was awarded Entrepreneur of the Year 2015 for Social Impact by Forbes India<ref>{{Cite web|url=http://www.forbesindia.com/article/leadership-awards-2015/former-banker-samit-ghoshs-epiphany/41237/1?utm=slidebox|title=Samit Ghosh is Entrepreneur of the Year Social Impact 2015 by Forbes India|last=|first=|date=|website=|archive-url=|archive-date=|dead-url=|access-date=}}</ref> |
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== References == |
== References == |
Revision as of 11:03, 4 December 2017
Ujjivan Small Finance Bank Limited
Industry | Banking, Financial services |
---|---|
Founded | February 2017 |
Headquarters | Bangalore, Karnataka, India |
Area served | India |
Key people | Mr. Samit Ghosh (MD & CEO) |
Number of employees | 10,000 |
Website | https://www.ujjivansfb.in |
Ujjivan Small Finance Bank Limited is a bank licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry out small finance bank business in India.[1] It is owned subsidiary of Ujjivan Financial Services Limited.[2] The bank has commenced its operations from February 1, 2017.[3] Ujjivan Small Finance Bank received the Scheduled Bank status by Reserve Bank of India in August 2017[4][5]
History
Ujjivan Financial Services Limited started operations as a NBFC in 2005. On October 7, 2015, Ujjivan received an in-principle approval from the RBI to set up a small finance bank.[6] Ujjivan received the final license from the Reserve Bank of India on 11 November 2016 to set up a Small Finance Bank.[7] Ujjivan is present across 24 states and union territories, and 209 districts in India, catering to over 3.7 million customers.
Products
Ujjivan SFB provides a range of products and services such as savings account, current account, fixed deposits (FD),[8] recurring deposits (RD), Micro Loans, Home Loans & Small Business Loans.[9] The bank also offers internet banking, phone banking and mobile banking facilities to customers. Ujjivan SFB ATM is biometric enabled thereby enabling customers to withdraw money through biometric authentication.[10] Customers can open their bank account in 5–7 minutes on a hand-held device through Aadhaar enabled KYC.
Awards
Ujjivan has been ranked 13th on India’s Best Companies To Work For by Great Place To Work Institute & The Economic http://www.greatplacetowork.in/best-companies/indias-best-companies-to-work-for#.[11] Ujjivan won Platinum Award for Inclusive Insurance at the SKOCH Insurance Awards 2016.[12] MD & CEO, Mr. Samit Ghosh was awarded Entrepreneur of the Year 2015 for Social Impact by Forbes India[13]
References
- ^ "Ujjivan Small Finance Bank launches operations".
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(help) - ^ "RBI grants "In-principle" Approval to 10 Applicants for Small Finance Banks".
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(help) - ^ "Ujjivan Financial Services launches small finance bank".
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(help) - ^ Pani, Priyanka (30 August 2017). "Ujjivan SFB receives scheduled bank status from RBI". The Hindu Business Line. The Hindu Business.
- ^ "We are targeting loan growth of 18-20% in FY18: Sudha Suresh, MD and CEO, Ujjivan Financial Services". The Financial Express. Financial Express. 5 September 2017.
- ^ "Ujjivan becomes fourth entity to receive small finance bank license".
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(help) - ^ "Ujjivan gets final RBI nod for small finance bank".
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(help) - ^ "Ujjivan Small Finance Bank launched, to offer fixed, recurring deposits at 5.5-8%".
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(help) - ^ "Focusing on MSE and housing in next 2 years: Samit Ghosh, Ujjivan Small Finance Bank".
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(help) - ^ "Ujjivan Financial Services to use biometric ATMs".
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(help) - ^ "India's best companies to work for 2017: The complete list".
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(help) - ^ "Ujjivan won award for inclusive insurance".
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(help) - ^ "Samit Ghosh is Entrepreneur of the Year Social Impact 2015 by Forbes India".
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Ujjivan Small Finance Bank has been one of the key agents in developing the unserved and underserved section of the Indian economy, who fail to access basic banking services.