Ujjivan Small Finance Bank Seeks Universal Banking Licence from RBI to Boost Growth
2025-02-04
moneycontrol.com
In a strategic move to expand its business portfolio, Ujjivan Small Finance Bank has applied for a universal banking licence with the Reserve Bank of India (RBI). This decision is in line with the bank's broader vision to strengthen its financial services and provide a wider range of products to its customers. With this licence, Ujjivan aims to enhance its banking capabilities, increase its market share and offer more comprehensive financial solutions, including personal banking, corporate banking, and digital banking services, to its growing customer base, ultimately driving business growth and revenue expansion in the Indian banking sector.
