Sunday 13 November 2016

Ujjivan Small Finance Bank Limited Issued Licence By RBI

Ujjivan Small Finance Bank Limited Issued Licence By RBI . Ujjivan Small Finance Bank Limited, subsidiary of the Company, Ujjivan Financial Services Ltd has been issued licence (the licence no. MUM 122) from the Reserve Bank Of India (RBI) on November 11, 2016 to set up Small Finance Bank business in. However, Ujjivan Small Finance Bank Limited also requires getting necessary approvals, registrations and
licensing from various departments of the RBI and other agencies before starting the banking business.
iii. Once the required approvals are granted, the Ujjivan Small Finance Bank Limited will commence its operations of a Small Finance Bank.

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