Ujjivan SFB receives scheduled bank status from Reserve Bank of India
Posted on:31 Aug 2017 12:01:14
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31 August 2017 Current Affairs: Ujjivan Small Finance Bank (SFB) is a wholly-owned subsidiary of Ujjivan Financial Services Limited included in the second scheduled to the RBI Act 1934 on 30th Aug 2017.
This grants the ‘Scheduled Bank’ status to Ujjivan Small Finance Bank’ from the date of notification.
Currently, Ujjivan SFB has 65 full-fledged brick and mortar branches in eight states and two Union Territories.
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