Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Ujjivan Hopes for RBI Decision on Universal Licence by December
Mint Chennai
|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.
Denne historien er fra September 09, 2025-utgaven av Mint Chennai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Chennai
Mint Chennai
It's a new day for labour as 4 codes kick in
FROM PAGE 16
3 mins
November 22, 2025
Mint Chennai
Groww’s CEO sees long growth runway
Fintech platform and broking firm Groww has just started its journey and has “not even covered 1% of our journey” even though it has completed nine years of existence, co-founder and chief executive officer Lalit Keshre in his first-ever letter to shareholders.
2 mins
November 22, 2025
Mint Chennai
Digital gold stumbles, ETFs sniff opportunity
Fund houses are promoting gold ETFs as secure, regulated, transparent
2 mins
November 22, 2025
Mint Chennai
Behind strong Q2 show, a shallow recovery
India Inc’s September-quarter print was shaped by small- and mid-cap outperformance, and sector-specific boosts for oil marketing companies, cement and consumption niches rather than a broad-based demand upturn.
2 mins
November 22, 2025
Mint Chennai
All you need is glove
It may seem like a soft target, I know, to go after a show that has received no positive reviews at all.
4 mins
November 22, 2025
Mint Chennai
Rising stars of mixed-doubles table tennis
Diya Chitale and Manush Shah are the first Indians to qualify for the WTT Finals
4 mins
November 22, 2025
Mint Chennai
Road trippin' through the Deep South in the US
A road trip through Louisiana, Alabama and Tennessee reveals the weight of civil rights history and its contradictions in small-town America
4 mins
November 22, 2025
Mint Chennai
Govt tells SC it will ensure ISL is held
Offering a glimmer of hope for football fans, the Centre told the Supreme Court on Friday that it will take steps to conduct the Indian Super League (ISL) 2025-26 season, as the over ₹450 crore tournament failed to attract a single bidder amid administrative and fiscal uncertainty within the All India Football Federation (AIFF).
1 min
November 22, 2025
Mint Chennai
Finding inspiration in the chessboard
In his latest exhibition in Mumbai, artist Arvind Sundar explores the synergy between chess, art and mathematics
3 mins
November 22, 2025
Mint Chennai
The sweet legacy of Murshidabad
Get a taste of a unique culinary heritage shaped by migration and royalty in this Bengal town
2 mins
November 22, 2025
Listen
Translate
Change font size