Page 4 - Ujjivan Small Finance Bank

Ujjivan Small Finance Bank seeks shareholders' nod to raise Rs 600 crore

The bank has already sought Sebi nod for a scheme of amalgamation to achieve the Minimum Public Shareholding (MPS)

Ujjivan Financial, Small Finance Bank hit 52-week lows; tank up to 7%

Ujjivan Financial Services has corrected 60 per cent, while Ujjivan Small Finance Bank has slipped 55 per cent from their respective 52-week highs

Stocks to Watch: Adani Wilmar, PolicyBazaar, TVS Motor, UBI, Ujjivan SFB

Bata India, Bharti Airtel, Data Patterns, Escorts, Godrej Consumer, Greaves Cotton, Gujarat Gas, IRCTC, J&K Bank, Jindal Steel, Latent View, NMDC, SJS Enterprises and TTML to report results today.

Ujjivan SFB to raise Rs 600 cr in equity; expects to report profits in Q4

Listed entities need to have 25 per cent public holding and fresh capital will help business, says top executive.

Ujjivan SFB's Q3 net loss narrows to Rs 34 cr on lower provisions

The bank had posted a net loss of Rs 279 crore in the corresponding quarter a year ago

Stocks to Watch: Mindtree, HCL Tech, BPCL, Ujjivan SFB, HDFC Bk, Adani grp

HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.

RBI approves Ittira Davis' appointment as Ujjivan SFB's new MD & CEO

Davis had a stint with Ujjivan SFB as its chief operating officer. He joined Ujjivan in March 2015 and headed the transition of Ujjivan's journey from a micro finance institution (MFI) to SFB

Ujjivan Small Finance Bank's Company Secretary & Compliance Officer resigns

Ujjivan Small Finance Bank said Chanchal Kumar has resigned from the position of Company Secretary and Compliance Officer of the bank

Ujjivan Small Finance Bank raises interest rates on FDs of up to Rs 2 cr

The new rates come into effect from December 31, 2021

Stocks to Watch: Paytm, Star Health, Rel Cap, Ujjivan SFB, BPCL, telcos

Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user

Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results

Sobha Ltd, however, is expected to surge up to 14% indicates the daily chart.

Ujjivan SFB stays in red, net loss widens in Q2 to Rs 274 cr sequentially

Provisions stay elevated in Q2; though lower than Q1

Ujjivan Financial Services board okays amalgamation with Ujjivan SFB

Ujjivan is the holding company and promoter of Ujjivan Small Finance Bank (SFB).

RBI nod to special committee to oversee operations at Ujjivan SFB

The Reserve Bank has given its go-ahead to Ujjivan Small Finance Bank (SFB) to form a special committee of directors to oversee operations in the absence of an MD and CEO. The Reserve Bank of India (RBI) in a letter dated September 15, 2021, has approved the constitution of 'Special Committee of Directors' with three independent directors as its members, Ujjivan SFB said in a regulatory filing on Thursday. The committee will "oversee the operations and administration of the bank in the absence of the Managing Director and CEO with effect from September 16, 2021," it said. Last month, the Bengaluru-based company had appointed old hand Carol Furtado to take charge as officer on special duty (OSD) till September 30, 2021, following the resignation of Nitin Chugh as MD and CEO. She will take charge as the interim CEO from October. "The board of Ujjivan SFB, in parallel, will evaluate suitable candidates for the MD & CEO position, and submit two names to RBI for approval," the lender .

Ujjivan Financial Services tanks 10%, hits 52-week low

Ujjivan Financial is a non-operating holding company with sole 83.32% ownership of Ujjivan Small Finance Bank and does not have any other business interest

Stocks to watch: Airtel, Infosys, Ujjivan Small Finance Bank, Future Retail

Adani Green's Board will meet later today to consider and approve the fundraising plan while Affle (India's) Board will consider and approve stock split

Carol Furtado to be Ujjivan SFB's interim CEO after surprise exit of Chugh

Furtado will be leading the charge of handling the day-to-day operations of the bank

Nitin Chugh's exit, provisioning concern to weigh on Ujjivan SFB: Analysts

Including Monday's intra-day fall of 9.6 per cent, the stock of Ujjivan Small Finance Bank has tumbled 31 per cent in six days

Stocks to watch: Nuvoco Vistas, Auro Pharma, Ujjivan SFB, Adani Group cos

Market regulator Sebi kept the proposed Rs 4,500-crore initial share-sale of edible oil major Adani Wilmar in "abeyance"

Ujjivan Small Finance Bank's board to meet on August 25 to select OSD

The OSD would work as the interim chief executive after Chugh leaves and till a full time MD&CEO is appointed