Wed, February 5, 2025
[ Wed, Feb 05th ]: AOL
AMD posts Q4 earnings beat, strong Q1 forecast
[ Wed, Feb 05th ]: Reuters
Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading
[ Wed, Feb 05th ]: Mint
ITC, IndiGo to Bajaj Finance: SBI Securities picks 5 stocks to buy after Budget 2025
[ Wed, Feb 05th ]: Reuters
Japanese brokerage Nomura doubles third-quarter profit
[ Wed, Feb 05th ]: Reuters
Sweden's Handelsbanken Q4 net profit beats forecast
Tue, February 4, 2025
[ Tue, Feb 04th ]: cnbctv18
Aye Finance partners with Credgenics to enhance debt collection processes
[ Tue, Feb 04th ]: AOL
DeepSeek has tilted the balance towards open source AI, but big security issues remain
[ Tue, Feb 04th ]: Fortune
Home News Tech Finance Leadership Well Education Fortune 500
[ Tue, Feb 04th ]: CNET
Will You Owe Taxes With the New IRS Rule for Venmo, PayPal and Cash App Payments?
[ Tue, Feb 04th ]: Forbes
Investors Urge EU To Keep Green Rules In Face Of Trump Turmoil
[ Tue, Feb 04th ]: Forbes
Future-Proofing Treasury: Three Key Strategies For Staying Ahead
[ Tue, Feb 04th ]: ABC
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
[ Tue, Feb 04th ]: Kiplinger
PayPal Stock Falls Despite Earnings Beat, Strong Outlook
[ Tue, Feb 04th ]: Kiplinger
PepsiCo Stock Falls Despite Earnings Beat, Dividend Hike
[ Tue, Feb 04th ]: AOL
PepsiCo CEO on Trump tariffs, road ahead for business
[ Tue, Feb 04th ]: Forbes
How AI Agents, Blockchain, And DeepSeek Are Reshaping Business In 2025
[ Tue, Feb 04th ]: AOL
Glassdoor CEO: The workers are talking about you (whether you like it or not!)
[ Tue, Feb 04th ]: cnbctv18
Ujjivan Small Finance applies for universal banking license with RBI
[ Tue, Feb 04th ]: MSN
Trump wrong, U.S. banks can and do operate in Canada, association and professor say
[ Tue, Feb 04th ]: MSN
China imposes retaliatory tariffs on US goods including coal, crude oil, and some vehicles
[ Tue, Feb 04th ]: Reuters
Singapore's GIC appoints Bryan Yeo as group chief investment officer
[ Tue, Feb 04th ]: Reuters
What is a sovereign wealth fund?
[ Tue, Feb 04th ]: Tuko
NCBA Bank Announces Several Jobs for Kenyans in February 2025
[ Tue, Feb 04th ]: Reuters
ING looking for acquisitions to grow in Germany, Italy and Spain, says CEO
[ Tue, Feb 04th ]: cryptonews
Bitcoin Miners Consider Hashrate Derivatives as BTC Price Rises
[ Tue, Feb 04th ]: decrypt
'Full-Throated Demand' for Crypto ETFs Yet to Emerge on Wall Street
[ Tue, Feb 04th ]: Malaysiakini
Brace for impact: Guan Eng proposes six shields against Trump's tariffs
[ Tue, Feb 04th ]: MSN
Trump's tariff critics are trading on overblown and unfounded fears
[ Tue, Feb 04th ]: CIO
25 enterprise tech predictions and goals for 2025, from APAC CIOs
Mon, February 3, 2025
[ Mon, Feb 03rd ]: Entrepreneur
Dollar Tree: When the Off-Price Is Still Too Expensive
[ Mon, Feb 03rd ]: Forbes
The Future Of Payments, Digital Money And The Underlying Technology
[ Mon, Feb 03rd ]: Couriermail
'In the lurch': Bank slammed after announcing over a dozen closures
[ Mon, Feb 03rd ]: Moneyweb
More pain for ArcelorMittal as headline losses expected to widen
[ Mon, Feb 03rd ]: Forbes
Complexity Costs: A Hidden Tax On Your Business
[ Mon, Feb 03rd ]: AOL
Bill Gates reminder on Intel struggles: One can get 'annihilated' if you miss a turn in the market
[ Mon, Feb 03rd ]: cnbctv18
How India's Makhana is becoming a global superfood
[ Mon, Feb 03rd ]: Reuters
Thai finance ministry wants to see rates cut this year
[ Mon, Feb 03rd ]: AOL
Trump's Executive Orders Could Delay Your Tax Refund This Year: Here's What You Can Do
[ Mon, Feb 03rd ]: Reuters
Vanguard slashes fees; expects its investors will save $350 million in 2025
[ Mon, Feb 03rd ]: AOL
Robinhood will let you bet on Super Bowl LIX betw .. en the Kansas City Chiefs and Philadelphia Eagles
[ Mon, Feb 03rd ]: BBC
Trump says EU tariffs will happen and UK is 'out of line' but deal 'can be worked out'
[ Mon, Feb 03rd ]: MSN
Tesla Stock Is Plunging. Both Trump Tariffs and Canada's Response Will Hurt.
[ Mon, Feb 03rd ]: Reuters
ING CEO weighs acquisitions to grow in Germany, Italy and Spain
[ Mon, Feb 03rd ]: MSN
What's the cost of doing business outside the U.S. with new tariffs?
[ Mon, Feb 03rd ]: BBC
Trump delaying tariffs on imports for a month, Mexico's president says
[ Mon, Feb 03rd ]: ABC
Trump 2nd term live updates: Musk 'in the process' of 'shutting down' USAID, he says
[ Mon, Feb 03rd ]: MSN
'Realistic prospect' that tariffs become long-ter .. e U.S. economy, BritishAmerican Business CEO says
[ Mon, Feb 03rd ]: Fortune
How Trump's decision to fire NLRB and EEOC commissioners could change the future of the workplace

Ujjivan Small Finance applies for universal banking license with RBI

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. lies-for-universal-banking-license-with-rbi.html
  Print publication without navigation Published in Business and Finance on by cnbctv18
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
To qualify for a universal banking license, the bank must meet several eligibility criteria, including being listed on a recognised stock exchange, maintaining a minimum net worth of ₹1,000 crore, and fulfilling minimum capital requirements.
Ujjivan Small Finance Bank has applied for a universal banking license from the Reserve Bank of India (RBI), aiming to expand its scope of operations beyond the limitations set for small finance banks. The bank's CEO, Ittira Davis, mentioned that while they are currently focused on serving the underbanked and unbanked segments, the transition to a universal bank would allow them to offer a broader range of financial services. This move comes as part of Ujjivan's strategic growth plan, following its merger with Ujjivan Financial Services in 2021, which was aimed at simplifying its corporate structure and enhancing its financial stability. The application process for the license is expected to take about 12-18 months, during which Ujjivan will continue to operate under its existing small finance bank framework.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/business/finance/ujjivan-small-finance-applies-for-universal-banking-license-with-rbi-19552294.htm ]