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The latest announcement is out from Ujjivan Small Finance Bank Ltd. ( (IN:UJJIVANSFB) ).
Ujjivan Small Finance Bank Ltd. has clarified its plans to raise Rs 2,000 crore through a Qualified Institutional Placement (QIP) route within the next 18-24 months, as part of its growth strategy. The bank has confirmed that all necessary disclosures have been made in compliance with regulations, and the news does not have any material impact on the company as the information was already disseminated during a recent analyst event.
More about Ujjivan Small Finance Bank Ltd.
Ujjivan Small Finance Bank Ltd. operates in the financial services industry, primarily focusing on providing small finance banking services. The bank offers a range of financial products including loans, deposits, and other banking services, with a market focus on serving underserved and unbanked segments of the population.
Average Trading Volume: 920,620
Technical Sentiment Signal: Buy
Current Market Cap: 85.56B INR
See more data about UJJIVANSFB stock on TipRanks’ Stock Analysis page.