Latest News on Ujjivan Small Finance Bank
Ujjivan Unveils EZY: A Groundbreaking Multilingual Banking Platform
Ujjivan Small Finance Bank has launched Ujjivan EZY, a revamped mobile and internet banking platform designed to provide a seamless and intuitive banking experience for its retail customers. The platform is available in nine languages, including English, Hindi, and several regional languages, to cater to a diverse customer base. With over 200 banking features, including 90 new capabilities, Ujjivan EZY aims to simplify everyday banking and enable deeper engagement across various financial services.
The platform integrates core banking services such as account management, fund transfers, bill payments, and investment services, including Demat and NPS, on a single platform. Additionally, it introduces loan services, smart statements, and personalized interfaces based on customers’ product relationships, enhancing convenience and customer experience. The platform’s design prioritizes accessibility and inclusion, catering to customers across different geographies, age groups, and levels of digital literacy.
According to Deepak Agarwal, Head of Strategy and Transformation at Ujjivan Small Finance Bank, the platform is designed to drive faster innovation, deeper customer engagement, and sustainable business growth while maintaining a focus on trust, simplicity, security, and financial inclusion. The launch of Ujjivan EZY marks a significant step in the bank’s digital-first strategy, aiming to provide a comprehensive end-to-end banking experience for its customers.
The upgraded platform is expected to benefit Ujjivan Small Finance Bank’s customers by providing a unified and secure banking experience across mobile and web channels. With its user-friendly interface and extensive range of banking features, Ujjivan EZY is poised to enhance customer satisfaction and loyalty, ultimately contributing to the bank’s growth and expansion. Overall, the launch of Ujjivan EZY demonstrates the bank’s commitment to leveraging technology to improve customer experience and drive business growth.
Senior citizens can earn up to 8% interest rate on 5-year fixed deposits; compare the top FD rates offered by public, private, and small finance banks
For senior citizens seeking stable and fixed income, there are still attractive fixed deposit (FD) options available, despite many leading banks and small finance banks slashing their FD interest rates. Currently, a few banks offer FD rates of up to 8% on their five-year senior citizen FDs. The interest rates vary among public and private sector banks, as well as small finance banks, for FDs of the same duration.
Small finance banks offer the highest five-year FD interest rates for senior citizens, with Suryoday Small Finance Bank providing an 8% interest rate, followed by Jana Small Finance Bank at 7.77%, and Ujjivan Small Finance Bank at 7.7%. Other small finance banks, such as Utkarsh Small Finance Bank, Equitas Small Finance Bank, and AU Small Finance Bank, offer interest rates ranging from 7.5% to 7.25%.
Among private sector banks, IDFC Bank, Yes Bank, and SBM Bank India offer a 7.5% interest rate each on their five-year fixed deposits for senior citizens. Other private sector banks, such as DCB Bank, Axis Bank, and RBL Bank, offer interest rates ranging from 7.25% to 7.1%.
Public sector banks also offer competitive interest rates, with State Bank of India providing a 7.05% FD interest rate on its five-year senior citizen FD. Bank of Baroda offers a 6.9% rate, while Bank of India and Canara Bank offer a 6.75% rate each on their five-year FDs for senior citizens.
Overall, senior citizens have a range of options to choose from, with interest rates varying from 8% to 5.5% depending on the bank and the duration of the FD. It is essential for senior citizens to compare the interest rates and terms offered by different banks to make an informed decision that suits their financial needs. By choosing the right FD option, senior citizens can ensure a stable and fixed income, which can help them manage their expenses and maintain their standard of living.
Small finance banks set sights on poaching top talent from bigger rivals to fuel growth
India’s small finance banks (SFBs) are expanding their horizons and preparing for a transition to universal banking. To achieve this, they are aggressively hiring senior executives from larger banks and non-bank financiers to strengthen their leadership and scale their businesses. Several prominent SFBs, including AU Small Finance Bank, Ujjivan Small Finance Bank, Suryoday Small Finance Bank, and Utkarsh Small Finance Bank, are looking to onboard senior executives, including key business officers, vice-presidents, and executive vice-presidents.
The move highlights the growth of the SFB sector, which has demonstrated significantly higher hiring momentum compared to the broader banking sector. In 2025, SFBs added 26,736 employees, a 18% increase in their workforce, while public sector banks added 1,626 people and private sector banks reduced their staff strength by 7,257. SFBs are attracting talent by offering “bump ups” in compensation and significant role elevation.
The Reserve Bank of India (RBI) has set out guidelines for SFBs to transition to universal banks, including a minimum net worth of ₹1,000 crore, a satisfactory track record of at least five years, and a net profit in the last two financial years. AU Small Finance Bank has already received a conditional nod from the RBI, while others, like Ujjivan, are still awaiting regulatory approval.
SFBs are not just scouting talent for senior roles but are also looking at junior ones, with a 30% increase in hiring in junior levels. They are recruiting sales executives typically from other banks and non-banking financial companies (NBFCs). The aggressive hiring by SFBs reflects their ambition to expand and become universal banks, which would require branch expansion and more people at various levels.
The SFB sector has made significant progress since its inception in 2014, with a compounded annual growth rate of 28% in deposits and 25% in advances between FY22 and FY25. However, they still face challenges, such as low-cost deposits, with their current and savings account (Casa) deposits at 26.2% of overall deposits, lower compared to universal banks. Nevertheless, SFBs are poised for a more complex phase of growth, and their ability to attract and retain talent will be critical to their success.
Stock Market Updates of Ujjivan Small Finance Bank
Recent Updates
India’s Microfinance Sector Contracts to a 4-Year Low as Lenders Exercise Increased Caution
The Indian microfinance sector has experienced a significant decline in its loan portfolio, reaching its lowest point in four years at ₹3.40 lakh crore as of November 2024. This contraction is a result of lenders’ deliberate efforts to minimize asset quality risks, which has led to a decrease in overall loans despite increased disbursals. The sector’s decline, which began in April 2024, reflects the cautious approach of financial institutions operating in this segment.
Despite the downturn, there are signs of an emerging recovery. Some small finance banks, such as ESAF, Equitas, and Ujjivan, have reported sequential growth in their micro loan portfolios in the December quarter, breaking a period of stagnation. CreditAccess Grameen, the largest NBFC-MFI, also saw an increase in its gross loan portfolio. Additionally, Federal Bank’s managing director noted that slippages peaked in May and have declined monthly since then, indicating improving asset quality.
However, the sector still faces challenges, particularly among small and mid-sized NBFC-MFIs, which struggle with access to funding. Larger players, on the other hand, have more stable funding positions, enabling them to plan for disbursement increases in the next fiscal year. India Ratings & Research has upgraded the sector’s outlook to neutral from deteriorating, projecting a stable rating for FY27. The agency believes that the sector has largely navigated the significant headwinds faced in FY25-FY26, with borrower overleverage and asset quality concerns diminishing.
Looking ahead, the sector is expected to focus on individual and non-MFI loans, as well as scaling up credit-guarantee backed disbursements to bolster risk buffers. This sets the stage for a recovery year in FY27, with lenders expected to adopt more aggressive growth strategies. Overall, while the Indian microfinance sector is still facing challenges, there are indications of a potential turnaround, driven by improving asset quality and a more stable funding environment. A broad-based sector recovery is anticipated from March 2026, with larger players leading the way.
Small Finance Banks Poised for 24% Surge: The Future Challengers to HDFC Bank’s Throne?
The small finance bank (SFB) sector in India is experiencing significant growth, with loan books expanding at a compound annual growth rate (CAGR) of 20-25%. This growth is driven by lending to small businesses, housing, and vehicles, as well as an increase in deposit mobilization. The sector is expected to reach total advances of over ₹2 trillion by fiscal year 2026. The Reserve Bank of India’s (RBI) new roadmap for SFB-to-Universal Bank transitions is also supporting the sector’s growth.
Several SFBs have reported strong performance in the second quarter of FY26. AU Small Finance Bank reported a 17% year-on-year loan book expansion, with deposits growing 21% and a net profit of ₹561 crore. Ujjivan Small Finance Bank saw its loan book grow 14% year-on-year, with deposits rising 15.1% and a net profit of ₹122 crore. Capital Small Finance Bank posted loan book growth of around 18% year-on-year, with deposits increasing 20% and a net profit of ₹35 crore. Suryoday Small Finance Bank experienced strong business growth, with deposits up 35.5% and the loan book expanding 18.9%, but its asset quality weakened and net profit declined.
The valuations of these SFBs vary significantly, with AU Small Finance Bank trading at approximately four times book value and Ujjivan SFB trading at 1.9 times book. Capital SFB and Suryoday SFB trade below book value, indicating subdued valuations due to higher risks or uneven performance. Investors must carefully select SFBs based on consistent growth, controlled risks, and improving profitability.
The SFB sector’s growth is driven by several factors, including the increasing demand for financial services from small businesses and individuals, and the government’s initiatives to promote financial inclusion. The sector’s expansion is also driven by the RBI’s efforts to strengthen the banking system and promote the growth of SFBs. However, the sector also faces challenges, such as intense competition, regulatory risks, and the need to maintain asset quality.
Overall, the SFB sector in India is experiencing significant growth and is expected to continue to play an important role in promoting financial inclusion and supporting the country’s economic growth. Investors must carefully evaluate the performance and valuations of individual SFBs to make informed investment decisions. With the sector’s growth expected to continue, SFBs are evolving from niche micro-lenders into systemic players, and their transition to universal banks is likely to have a significant impact on the Indian banking landscape.
Ujjivan Small Finance Bank Receives Prestigious IBA Award for Excellence in IT Risk Management
Ujjivan Small Finance Bank has been recognized for its exceptional IT risk management by the Indian Banks’ Association (IBA) for the ninth consecutive year. This consistent recognition demonstrates the bank’s strong institutional framework, which aligns risk management, technology, and business operations to maintain high standards of security and reliability. The bank’s ability to achieve this feat year after year, despite the rapidly evolving digital landscape and increasing cyber threats, is a testament to its operational maturity and disciplined execution.
In addition to the IT Risk Management award, Ujjivan Small Finance Bank has also received recognition in the categories of Best Technology Bank and Best Tech Talent Bank. These awards highlight the bank’s focus on building a resilient digital infrastructure and developing technology leadership across the organization. The IT Risk Management recognition is particularly significant, as it acknowledges the bank’s preventive systems, controls, and governance mechanisms that safeguard banking operations and customer trust.
The achievement is the result of collaborative efforts across various teams, including technology, risk, information security, compliance, audit, operations, and business teams. The bank’s Board, leadership, regulators, auditors, and ecosystem partners have also provided guidance and support. Ujjivan Small Finance Bank’s commitment to responsible and secure digital banking has enabled it to strengthen its position as a forward-looking, technology-driven financial institution in India.
The bank’s recognition is a reflection of its dedication to maintaining the trust of its customers and stakeholders. By prioritizing IT risk management and investing in robust digital infrastructure, Ujjivan Small Finance Bank has set benchmarks for the industry and demonstrated its ability to adapt to the evolving digital landscape. As the bank continues to grow and expand its services, its focus on IT risk management and digital security will remain a key factor in its success. Overall, Ujjivan Small Finance Bank’s achievement is a testament to its commitment to excellence and its position as a leader in the Indian banking industry.
Indian Small Finance Banks Drive Employment Growth, Adding 26,736 New Jobs in FY25, According to scanx.trade
The Indian banking sector has witnessed significant job creation in the financial year 2024-2025, with Small Finance Banks (SFBs) taking the lead. According to a recent report, SFBs have created a total of 26,736 net new jobs in FY25, outpacing other banking segments. This impressive hiring spree is a testament to the growing importance of SFBs in the Indian banking landscape.
The significant expansion of SFBs can be attributed to their increasing focus on financial inclusion and outreach to underserved populations. These banks have been instrumental in providing banking services to rural and semi-urban areas, where traditional banks have limited presence. As a result, SFBs have been able to tap into the vast untapped market, leading to rapid growth and job creation.
The top SFBs that led the hiring charge in FY25 include Ujjivan Small Finance Bank, Equitas Small Finance Bank, and AU Small Finance Bank. These banks have not only expanded their branch networks but also invested heavily in digital infrastructure, enabling them to reach a wider audience and create new job opportunities.
The job creation by SFBs has been across various functions, including sales, marketing, customer service, and operations. The hiring has been focused on building a strong team to support the banks’ expansion plans and improve customer experience. The new recruits will be instrumental in driving business growth, improving operational efficiency, and enhancing customer satisfaction.
The growth of SFBs is expected to continue in the coming years, driven by the government’s push for financial inclusion and digital payments. The Indian government has set an ambitious target of achieving 100% financial inclusion, and SFBs are expected to play a crucial role in achieving this goal. As a result, the job creation in the SFB sector is likely to sustain, providing opportunities for job seekers in the banking and financial services industry.
In conclusion, the Small Finance Banks have emerged as a major driver of job creation in the Indian banking sector, with 26,736 net new hires in FY25. The growth of SFBs is a positive indicator of the Indian economy’s potential for financial inclusion and job creation. As the government continues to push for digital payments and financial inclusion, the SFB sector is expected to continue its expansion, creating new job opportunities and driving economic growth.
Is Ujjivan Small Finance Bank Limited Poised to Capitalize on the Next Big Industry Upswing? – earlytimes.in
Ujjivan Small Finance Bank Limited is well-positioned for the next major industry boom, according to recent analysis. The bank has been making significant strides in the small finance sector, with a strong focus on financial inclusion and customer-centric services. With a robust business model and a wide range of products and services, Ujjivan Small Finance Bank is poised to capitalize on the growing demand for financial services in India.
The bank’s strong foundation is built on its experience in the microfinance sector, where it has been operating for over a decade. Ujjivan Small Finance Bank has a deep understanding of the needs of low-income households and small businesses, and has developed a range of products and services tailored to meet these needs. The bank’s microfinance business has been growing rapidly, with a significant increase in disbursements and a strong portfolio quality.
In addition to its microfinance business, Ujjivan Small Finance Bank has also been expanding its offerings in other areas, such as savings accounts, remittances, and insurance. The bank has a wide range of savings accounts, including basic savings accounts, current accounts, and fixed deposits, which cater to the needs of different customer segments. The bank’s remittance services allow customers to send and receive money quickly and securely, both domestically and internationally.
Ujjivan Small Finance Bank has also been investing heavily in technology, with a focus on digital banking and mobile banking. The bank’s mobile banking app allows customers to access their accounts, transfer funds, and pay bills remotely, making it convenient for customers to manage their finances on the go. The bank has also partnered with several fintech companies to offer innovative financial products and services to its customers.
The Indian government’s push for financial inclusion and digitization is also expected to drive growth for Ujjivan Small Finance Bank. The government’s initiatives, such as the Pradhan Mantri Jan Dhan Yojana and the Digital India program, have increased access to financial services for millions of Indians, and Ujjivan Small Finance Bank is well-positioned to capitalize on this trend.
Overall, Ujjivan Small Finance Bank Limited is well-positioned for the next major industry boom, with a strong business model, a wide range of products and services, and a focus on financial inclusion and customer-centric services. With its robust foundation, investment in technology, and favorable regulatory environment, the bank is poised to continue its growth trajectory and emerge as a leading player in the small finance sector. As the Indian economy continues to grow and the demand for financial services increases, Ujjivan Small Finance Bank is likely to be at the forefront of this growth, providing innovative and customer-centric financial solutions to millions of Indians.
Ujjivan Small Finance Bank Touches Fresh 52-Week Peak at Rs. 54.56
Ujjivan Small Finance Bank has achieved a significant milestone by reaching a new 52-week high of Rs. 54.56 on October 28, 2025. This accomplishment reflects the bank’s strong performance over the past year, with a remarkable 45.41% increase in value. In comparison, the Sensex has only gained 6.04% during the same period, indicating Ujjivan Small Finance Bank’s outperformance.
Despite a slight underperformance of 1.1% against its sector on the day, the bank has demonstrated resilience by trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend suggests a robust market position for the small-cap bank, indicating its ability to maintain upward momentum.
The broader market context is also positive, with the Sensex recovering from an initial dip and currently trading at 84,834.72, just 0.54% away from its own 52-week high. The small-cap segment is leading the market, with the BSE Small Cap index gaining 0.39%. Ujjivan Small Finance Bank’s recent performance highlights its strong standing in the financial sector and marks a notable achievement in its growth trajectory.
The bank’s ability to outperform the Sensex and maintain a strong market position is a testament to its solid fundamentals and growth prospects. As the small-cap segment continues to lead the market, Ujjivan Small Finance Bank is well-positioned to capitalize on the trend and continue its upward momentum. With its strong performance and robust market position, the bank is likely to remain a key player in the financial sector, attracting investor attention and driving growth in the small-cap segment.
Overall, Ujjivan Small Finance Bank’s achievement of a new 52-week high is a significant milestone that reflects its strong performance and growth prospects. The bank’s ability to maintain a robust market position and outperform the Sensex is a testament to its solid fundamentals and potential for future growth. As the market continues to recover, Ujjivan Small Finance Bank is likely to remain a key player in the financial sector, driving growth and attracting investor attention.
Ujjivan needs to undergo a transformation to become eligible for a universal banking licence
Ujjivan Financial Services, a leading microfinance institution in India, is on the cusp of a significant transformation. To obtain a universal banking licence, the company must undergo a radical change in its DNA. This transformation is crucial for Ujjivan to expand its services and stay competitive in the rapidly evolving Indian banking landscape.
Currently, Ujjivan operates as a microfinance institution, providing small loans to low-income individuals and groups. However, with a universal banking licence, the company can offer a broader range of financial services, including savings accounts, credit cards, and other banking products. This expansion will enable Ujjivan to tap into the vast and growing Indian banking market, which is expected to reach $1.2 trillion by 2025.
To achieve this transformation, Ujjivan must make significant changes to its business model, operations, and culture. The company will need to invest heavily in technology, talent, and infrastructure to support its expanded services. This will require a substantial increase in capital expenditure, which may put pressure on the company’s bottom line in the short term.
Moreover, Ujjivan will need to adapt to a more complex regulatory environment, as universal banks are subject to stricter regulations and guidelines. The company will need to ensure that its systems, processes, and risk management practices are robust and compliant with the Reserve Bank of India’s (RBI) guidelines.
The transformation will also require a cultural shift within the organization. Ujjivan’s employees will need to develop new skills and expertise to support the expanded services, and the company’s leadership will need to adopt a more nuanced approach to risk management and customer engagement.
Despite the challenges, the potential benefits of obtaining a universal banking licence are significant. Ujjivan can increase its customer base, improve its revenue streams, and enhance its brand reputation. The company can also leverage its existing network and customer relationships to cross-sell and upsell its new services, driving growth and profitability.
In conclusion, Ujjivan’s transformation into a universal bank is a bold and ambitious move that requires significant changes to its DNA. While the journey will be challenging, the potential rewards are substantial. With careful planning, investment, and execution, Ujjivan can successfully navigate this transformation and emerge as a major player in the Indian banking sector. The company’s ability to adapt and evolve will be crucial in determining its success in this new chapter of its journey.
Ujjivan SFB’s Hello Ujjivan app enables transactions worth ₹690 crore, streamlining financial operations for its users.
Ujjivan Small Finance Bank’s mobile banking app, Hello Ujjivan, has achieved significant success in facilitating financial transactions and promoting digital literacy among its microbanking customers. Since its launch, the app has enabled over ₹690 crore in transactions, with over 13 lakh downloads and 98% of users being women with an average age of 35 years. The app has been designed to be accessible and user-friendly, with features such as voice assistance, visual navigation, and multilingual functionality in 11 Indian languages.
The app has facilitated ₹277 crore in loan repayments, ₹358 crore in deposits, ₹34 crore in individual loan disbursements, and over 36,000 Hospicare insurance purchases worth ₹2.4 crore. Additionally, it has enabled over five lakh loan disbursement acknowledgements to be completed digitally, reducing the need for physical bank visits. This shift from physical to digital demonstrates a significant behavioral change among customers who were previously unfamiliar with formal banking technology.
The app’s success can be attributed to its design, which eliminates literacy and language barriers, allowing microbanking customers to perform essential banking activities independently. The app also provides financial literacy through its Digital Diksha feature, which helps customers plan and track their financial goals. The app’s impact has been recognized through multiple industry awards, including the Aegis Graham Bell Award and the SKOCH Award.
Ujjivan Small Finance Bank aims to further expand the app’s capabilities with new features by FY26 to enhance customer convenience, deepen engagement, and drive digital adoption. The bank is focused on scaling Hello Ujjivan as a digital accelerator for collections efficiency, loan disbursements, and cross-sell opportunities within its MicroBanking customer portfolio. The app’s success in driving a shift in financial behavior positions it as a model for an inclusive digital banking mission.
The app’s achievements demonstrate the potential for digital banking to promote financial inclusion and empowerment, particularly among underserved segments. By providing accessible and user-friendly digital banking services, Ujjivan Small Finance Bank is helping to bridge the digital divide and promote economic growth. The bank’s commitment to expanding the app’s capabilities and scaling its impact is expected to have a positive impact on the financial lives of its microbanking customers.
Ujjivan Small Finance Bank Limited’s Ability to Withstand Market Declines: An Analysis of Insider Selling Trends and Impressive Capital Gains – earlytimes.in
Ujjivan Small Finance Bank Limited has demonstrated resilience during market downturns, and several factors contribute to its stability. One key aspect is the bank’s focus on serving the unbanked and underbanked population in India, providing a unique value proposition. This niche approach has allowed Ujjivan to build a loyal customer base and maintain a strong market position.
Another important factor is the bank’s robust financial performance. Ujjivan has consistently reported high return on equity (RoE) and return on assets (RoA), indicating efficient use of capital and assets. The bank’s net interest margin (NIM) has also remained healthy, reflecting its ability to maintain a balance between lending and borrowing rates.
In addition to its financial performance, Ujjivan’s management team has played a crucial role in navigating market downturns. The team’s experience and expertise in microfinance and small finance banking have enabled the bank to adapt to changing market conditions and make informed decisions.
Insider selling patterns also provide valuable insights into Ujjivan’s resilience. An analysis of insider transactions reveals that the bank’s promoters and management team have not engaged in significant selling activities during market downturns. This suggests that they have confidence in the bank’s long-term prospects and are committed to its growth.
Ujjivan’s high return on capital gains is another factor contributing to its resilience. The bank has generated significant capital gains through its investments and lending activities, which has helped to cushion the impact of market downturns. This, combined with its robust financial performance and stable management team, has enabled Ujjivan to maintain a strong balance sheet and navigate challenging market conditions.
Furthermore, Ujjivan’s small finance bank model is designed to be resilient to market fluctuations. The bank’s focus on serving the unbanked and underbanked population provides a natural hedge against market downturns, as this segment is less affected by economic cycles. Additionally, Ujjivan’s low-cost operating! model and efficient use of technology have helped to reduce costs and improve profitability, making it more resilient to market volatility.
In conclusion, Ujjivan Small Finance Bank Limited’s resilience during market downturns can be attributed to a combination of factors, including its unique value proposition, robust financial performance, experienced management team, and high return on capital gains. The bank’s insider selling patterns and small finance bank model also contribute to its stability, making it an attractive investment opportunity for those looking for a resilient and growth-oriented bank. With its strong foundation and adaptable approach, Ujjivan is well-positioned to navigate future market challenges and continue to deliver value to its customers and investors.