Versuchen GOLD - Frei
Ujjivan Hopes for RBI Decision on Universal Licence by December
Mint Bangalore
|September 09, 2025
Ujjivan Small Finance Bank hopes the Reserve Bank of India (RBI) will decide on its application for a universal banking licence by December, its managing director and chief executive officer (CEO) Sanjeev Nautiyal said.
The RBI issued small finance bank licences to 10 applicants, including Equitas Small Finance Bank Ltd, AU Small Finance Bank Ltd, and Ujjivan Small Finance Bank Ltd, in 2016 to boost financial inclusion through mandatory rural branches and small-ticket loans. Universal banks, by comparison, can offer a broad range of services, including big corporate loans, investment banking, and insurance services.
"It is our internal assessment that by December, RBI might come up with a decision, and the decision can be a yes and it can also not be a yes... maybe by December; RBI could, it could also go beyond December. So, it is a timeline where we cannot dictate," Nautiyal told Mint in an interview on Monday.
Diese Geschichte stammt aus der September 09, 2025-Ausgabe von Mint Bangalore.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Bangalore
Mint Bangalore
Tiger Global: Govt treads with caution
channels for adjudication of the issue,” said the first official quoted above.
1 mins
January 17, 2026
Mint Bangalore
Wipro, TechM outshine TCS, Infosys in weak Q3 for IT
Wipro, Tech Mahindra respectively reported 0.24% and 2.74% yearly rise in revenue in Q3
3 mins
January 17, 2026
Mint Bangalore
24 hours at the Kochi-Muziris Biennale
What to see if you have just a day, or even a few hours, at the ongoing Kochi Biennale, which is on at 22 venues
4 mins
January 17, 2026
Mint Bangalore
Indian markets on mute amid mixed December qtr earnings
Indian stock markets wrapped up the week largely flat as investors parsed the first batch of December-quarter earnings, finding no clear cues to take fresh positions in the week ahead.
1 mins
January 17, 2026
Mint Bangalore
IT's Big Five face $500 mn labour code hit to profit
India's new labour codes eroded the profits of India's five largest information technology (IT) services companies in the December quarter as they recorded ₹4,645 crore ($500 million) in upfront costs as higher contributions to employees' retirement benefits.
1 min
January 17, 2026
Mint Bangalore
Sebi floats reforms to ease FPI fund settlement, KYC
Acting on market feedback, the Securities and Exchange Board of India (Sebi) released a consultation paper on Friday that proposes to allow foreign portfolio investors (FPIs) to net funds, a move aimed at easing settlement rules to lower funding costs and address operational inefficiencies.
1 min
January 17, 2026
Mint Bangalore
Unified Fema to cover export, import of goods and services
The central bank has eased import-export compliance for smaller exporters
2 mins
January 17, 2026
Mint Bangalore
Loan growth, margin gains to boost HDFC, ICICI banks
Brokerages say the two private sector lenders are likely to post steady performance in Dec qtr
2 mins
January 17, 2026
Mint Bangalore
Reliance’s oil & gas slump, retail drag down Q3 earnings
from the introduction of the new labour codes in India, and higher investments in its hyperlocal e-commerce business JioMart.
1 mins
January 17, 2026
Mint Bangalore
Sneh Rana's roller-coaster of a year
A season that began with rejection ended with a World Cup and a record contract for Sneh Rana
5 mins
January 17, 2026
Listen
Translate
Change font size