We are expanding our presence across India by using technology as a great facilitator. With continued focus on strengthening our digital interface, we are empowering the unserved and underserved customers.
We are further deepening our customer connect through financial and digital inclusion initiatives. As a responsible banking institution, we stay invested in creating a sustainable social impact through community development and financial literacy programmes.
UFSL is the promoter for Ujjivan Small Finance Bank. It had commenced operations in 2005 as a Non-Banking Financial Company (NBFC). UFSL functions with the mission to provide a full range of financial services to the ‘economically active poor’ who are not adequately served by financial institutions.
In October, 2015, UFSL received the Reserve Bank of India’s (RBI’s) In-Principle Approval to set up a Small Finance Bank (SFB). Subsequently, it was incorporated as Ujjivan Small Finance Bank Limited, a wholly owned subsidiary.
UFSL, after obtaining the RBI's final approval in November, 2016, transferred its business undertaking comprising its lending and financing business to Ujjivan Small Finance Bank, which commenced operations in February, 2017.
To provide financial services to the unserved and underserved customers and transform to a mass market bank
We have the scale, capability and the commitment to emerge as a best-in-class institution with deeply embedded values and culture, which shape all our actions.
Customer's
choice institution
Integrity
in all dealings
Provide
responsible finance
Fair with suppliers
and service partners
Professionalism
and teamwork
Respected
in the community
Compliance with
laws, regulations and
code of conduct
Best place
to work
(575 in March 2020)
(475 in March 2020)
(52.5 Lakhs in March 2020)
(244 in March 2020)
(17,841 in March 2020)
Annual Report 2020-21