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Ujjivan Small Finance Bank: The bank has set forth a gold standard for resilience

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For the second consecutive year, Ujjivan has won the Best Small Finance Bank award for its resilience in navigating sector stress
The article from MSN discusses Ujjivan Small Finance Bank's resilience and strategic growth in the Indian banking sector. It highlights how Ujjivan has managed to set a "gold standard" for resilience by focusing on financial inclusion, particularly targeting the unbanked and underbanked populations. The bank has shown robust growth in its loan portfolio, especially in micro and small enterprise loans, and has maintained strong asset quality with low non-performing assets (NPAs). Ujjivan's approach includes leveraging technology for better customer service, expanding its product offerings, and maintaining a strong capital adequacy ratio. The article also mentions the bank's efforts in enhancing its digital infrastructure to improve operational efficiency and customer reach, positioning it well for future growth amidst economic challenges.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/ujjivan-small-finance-bank-the-bank-has-set-forth-a-gold-standard-for-resilience/ar-AA1wq6Ej ]