Tag Archives: shortcomings

RBI flags shortcomings at Ujjivan Small Finance Bank

Mumbai: In its recent inspection report the Reserve Bank of India has made certain observations regarding Ujjivan Small Finance Bank’s lack of fraud management system, rating methodology and categorisation of priority sector loans among many others. The bank has filed initial papers to raise Rs 1,200 crore via an initial public offering (IPO) in August. Under the condition for small finance bank ... Read More »