Financial Services

Ujjivan Financial Service clears merger with Ujjivan SFB

The board of directors of Ujjivan Financial Services has approved the merger of the company with its subsidiary, Ujjivan Small Finance Bank, to meet SEBI’s minimum public shareholding standards. Ujjivan Finance Services currently owns 83.32 percent of the total paid-up share capital of Ujjivan SFB. “Accordingly, the program, if implemented, …

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