by newsworm | Feb 22, 2025 | Banking, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank’s Board Committee has approved the sale of a loan pool worth Rs 364.51 crore to an Asset Reconstruction Company (ARC). The loan pool consists of approximately Rs 294.51 crore in non-performing assets (NPAs) and Rs 70 crore in... by newsworm | Feb 22, 2025 | Banking, Ujjivan Small Finance Bank
The article discusses the current market trend of high-yield savings accounts, with some banks offering rates as high as 7.50% per annum. However, it’s essential to understand the fine print before committing to such accounts. The article highlights the key... by newsworm | Feb 22, 2025 | Banking, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has revised its deposit and savings account interest rates for deposits less than Rs 3 crore, effective from February 21, 2025. The revised interest rates apply to fixed deposit (FD) and savings account deposits. FD interest rates range from... by newsworm | Feb 18, 2025 | Banking, Ujjivan Small Finance Bank
The shop of businessman Ajay Ghosh in Karoimura, Bishalgarh, has been seized by the authorities after he failed to repay a loan amounting to Rs 27 lakh, including interest, to Ujjivan Small Finance Bank. Ghosh had taken a loan of Rs 16 lakh from the bank, but despite... by newsworm | Feb 18, 2025 | Banking, Central Bank of India, Nainital Bank, RBI, Ujjivan Small Finance Bank
The Reserve Bank of India (RBI) has imposed penalties on three financial institutions, Shriram Finance, Ujjivan Small Finance Bank, and The Nainital Bank Limited, for non-compliance with regulatory norms. The penalties were imposed following the RBI’s Inspection... by newsworm | Feb 16, 2025 | Banking, Nainital Bank, RBI, Ujjivan Small Finance Bank
The Reserve Bank of India (RBI) has imposed fines on three banks, including Nainital Bank, Ujjivan Small Finance Bank, and Shriram Finance, for non-compliance with regulatory guidelines. Nainital Bank was fined ₹61.40 lakh for not linking some floating rate loans...