RBI Red Flags Ujjivan Small Finance Bank’s Processes & Systems

Ujjivan Small Finance Bank (USFB), the subsidiary of listed holding company Ujjivan Financial Services Ltd, is going public. While going through the draft prospectus, we came across some interesting points. Under risk factors, USFB admits that during the recent inspection conducted between January and February 2019, the Reserve Bank of India (RBI) has made certain observations which include:

    Premium Content
    You can buy this article individually, which will give you access only to this article.
    Archived Premium Content
    This article is outside your subscription period. You can buy this article individually.
    Rs 50-Rs 100 + GST
    Access will be given ONLY to this article.
    Get access to complete archives
    Rs 5000 + GST
    Already a subscriber ? Log in
Free Helpline
Legal Credit