by newsworm | Dec 12, 2024 | Banking, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has been upgraded to “Hold” by MarketsMOJO, a research and analytics firm. This upgrade is based on the bank’s strong fundamentals, attractive valuations, and its ability to navigate through the challenges posed by the... by newsworm | Dec 5, 2024 | Banking, Equitas Small Finance Bank, Ujjivan Small Finance Bank
Small finance banks (SFBs) in India are offering higher returns on fixed deposits (FDs) compared to traditional banks. SFBs are offering returns ranging from 7.5% to 8.25% per annum on FDs with a tenure of 1-3 years. This is higher than the returns offered by... by newsworm | Dec 4, 2024 | Au Small Finance Bank, Banking, Equitas Small Finance Bank, HDFC Bank, ICICI Bank, Ujjivan Small Finance Bank
According to MSN, if you’re looking to earn an above 8% return on your fixed deposits (FDs), you should consider exploring the options offered by small finance banks. These banks, which were established after 2014, have been aggressively expanding their presence... by newsworm | Nov 29, 2024 | Banking, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank Limited (NSEI:UJJIVANSFB) has signed a letter of intent to sell its stressed loan portfolio to an undisclosed buyer. The transaction involves a cash consideration of INR 405.5 million, which includes the acquisition of the stressed loan... by newsworm | Nov 28, 2024 | Banking, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank (SFB) has seen its shares surge over 2% after its board approved the sale of non-performing assets (NPAs) worth Rs 270 crore. The sale is expected to help the bank to reduce its provisioning requirements and improve its financial health. The... by newsworm | Nov 27, 2024 | Banking, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has sold non-performing assets and written-off loans worth over Rs 270 crore to an asset reconstruction company for Rs 40.5 crore through a Swiss challenge method. The sale is part of the bank’s effort to manage stress in the...