Ujjivan Small Finance Bank

Company type	Public
Traded as	BSE: 542904 NSE: UJJIVANSFB
Industry	Small finance bank
Founded	1 February 2017
Headquarters	Bengaluru,Karnataka, India
Number of locations	777 branches and 613 ATMs[1]
Area served	India
Key people	Sanjeev Nautiyal (MD & CEO)[2]
Total assets	₹37,057 crores[3]
Total equity	₹6,519 crores[4]
Number of employees	24,374[5]
Website	www.ujjivansfb.bank.in

Ujjivan Small Finance Bank Limited is an Indiansmall finance bank based inBengaluru, which commenced operations on 1 February 2017.^[6][7] As of December 2025, it had 777 branches.^[8]

Ujjivan Financial Services was founded in 2005 bySamit Ghosh as anon-banking financial company (NBFC).^[9] On 7 October 2015, Ujjivan Financial Services received an in-principle approval from theReserve Bank of India (RBI) to set up asmall finance bank (SFB).^[10][11] At that time, the company had over 2.6 million customers and 464 branches in 24 states.^[12]

Ujjivan received its final banking license from the RBI on 11 November 2016, and Ujjivan Small Finance Bank commenced operations in February 2017.^[13][14] In April 2017, the bank stated that it intended to convert all NBFC branches to SFB branches by the 2020 financial year.^[15] It received theScheduled Bank status from the RBI in August 2017.^[16][17]

In October 2019, Ujjivan Small Finance Bank received approval from theSecurities and Exchange Board of India to raise ₹1,200 crores (US$162 million) in aninitial public offering (IPO).^[18][19] The IPO opened on 2 December 2019 and the shares were listed on theNational Stock Exchange (NSE) and theBombay Stock Exchange (BSE) on 12 December 2019.^[20][21]

In 2022, the board of Ujjivan Financial Services approved thereverse merger of itself into Ujjivan Small Finance Bank.^[22][23] Ujjivan Financial Services held a 73.5% stake in the bank before the reverse merger.^[24][25][26] After the completion of the reverse merger in 2024, Ujjivan Small Finance Bank became a fullypublic-owned bank.^[27]

In 2024, Ujjivan Small Finance Bank received an Authorised Dealer Category 1(AD–I) Licence from the RBI, enabling it to provideforeign exchange services.^[28]

In 2025, Ujjivan Small Finance Bank applied to the RBI for a universal banking licence.^[29]

• Banking in India
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• Indian Financial System Code

• Official website

• Companies based in Bengaluru
• Banks established in 2017
• Small finance banks
• Indian companies established in 2017
• Private sector banks in India
• 2017 establishments in Karnataka
• Companies listed on the National Stock Exchange of India
• Companies listed on the Bombay Stock Exchange

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