Page 3 - Ujjivan Small Finance Bank

RBI approves Ittira Davis' appointment as Ujjivan SFB's new MD & CEO

Davis had a stint with Ujjivan SFB as its chief operating officer. He joined Ujjivan in March 2015 and headed the transition of Ujjivan's journey from a micro finance institution (MFI) to SFB

Ujjivan Small Finance Bank's Company Secretary & Compliance Officer resigns

Ujjivan Small Finance Bank said Chanchal Kumar has resigned from the position of Company Secretary and Compliance Officer of the bank

Ujjivan Small Finance Bank raises interest rates on FDs of up to Rs 2 cr

The new rates come into effect from December 31, 2021

Stocks to Watch: Paytm, Star Health, Rel Cap, Ujjivan SFB, BPCL, telcos

Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user

Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results

Sobha Ltd, however, is expected to surge up to 14% indicates the daily chart.

Ujjivan SFB stays in red, net loss widens in Q2 to Rs 274 cr sequentially

Provisions stay elevated in Q2; though lower than Q1

Ujjivan Financial Services board okays amalgamation with Ujjivan SFB

Ujjivan is the holding company and promoter of Ujjivan Small Finance Bank (SFB).

RBI nod to special committee to oversee operations at Ujjivan SFB

The Reserve Bank has given its go-ahead to Ujjivan Small Finance Bank (SFB) to form a special committee of directors to oversee operations in the absence of an MD and CEO. The Reserve Bank of India (RBI) in a letter dated September 15, 2021, has approved the constitution of 'Special Committee of Directors' with three independent directors as its members, Ujjivan SFB said in a regulatory filing on Thursday. The committee will "oversee the operations and administration of the bank in the absence of the Managing Director and CEO with effect from September 16, 2021," it said. Last month, the Bengaluru-based company had appointed old hand Carol Furtado to take charge as officer on special duty (OSD) till September 30, 2021, following the resignation of Nitin Chugh as MD and CEO. She will take charge as the interim CEO from October. "The board of Ujjivan SFB, in parallel, will evaluate suitable candidates for the MD & CEO position, and submit two names to RBI for approval," the lender .

Ujjivan Financial Services tanks 10%, hits 52-week low

Ujjivan Financial is a non-operating holding company with sole 83.32% ownership of Ujjivan Small Finance Bank and does not have any other business interest

Stocks to watch: Airtel, Infosys, Ujjivan Small Finance Bank, Future Retail

Adani Green's Board will meet later today to consider and approve the fundraising plan while Affle (India's) Board will consider and approve stock split

Carol Furtado to be Ujjivan SFB's interim CEO after surprise exit of Chugh

Furtado will be leading the charge of handling the day-to-day operations of the bank

Nitin Chugh's exit, provisioning concern to weigh on Ujjivan SFB: Analysts

Including Monday's intra-day fall of 9.6 per cent, the stock of Ujjivan Small Finance Bank has tumbled 31 per cent in six days

Stocks to watch: Nuvoco Vistas, Auro Pharma, Ujjivan SFB, Adani Group cos

Market regulator Sebi kept the proposed Rs 4,500-crore initial share-sale of edible oil major Adani Wilmar in "abeyance"

Ujjivan Small Finance Bank's board to meet on August 25 to select OSD

The OSD would work as the interim chief executive after Chugh leaves and till a full time MD&CEO is appointed

Ujjivan SFB likely to elevate Carol Furtado as interim MD, CEO next week

Troubled with huge NPAs and top-level exits, Ujjivan Small Finance Bank is expected to elevate its head of operations Carol Furtado as an interim chief early next week

Ujjivan SFB shares tumble nearly 19% as MD, CEO Nitin Chugh resigns

Shares of Ujjivan Small Finance Bank on Friday tumbled nearly 19 per cent after the announcement that its Managing Director and Chief Executive Officer Nitin Chugh has resigned from the bank. The stock tumbled 18.76 per cent to close at Rs 19.70 on the BSE. During the day, it tanked 20 per cent to its 52-week low of Rs 19.40. On the NSE, it plunged 18.76 per cent to close at Rs 19.70. In traded volume terms, 22.56 lakh shares were traded at the BSE and over 4.44 crore units at the NSE during the day. Ujjivan Small Finance Bank MD and CEO Nitin Chugh has resigned from the bank and his tenure will come to an end on September 30. The bank has received a letter, dated August 18, from Nitin Chugh tendering his resignation from the position of the bank's managing director and CEO, with effect from the close of business hours on September 30, Ujjivan SFB said in a regulatory filing on Thursday. "His tenure as the director is co-terminus with his tenure as managing director and CEO of th

Broader indices fall 2%; Nifty Metal skids 6% on global growth concerns

The 30-share Sensex index declined 300 points, or 0.4 per cent, and closed at 55,329 levels on Friday while the Nifty50 index slipped ended at 16,451 levels, down 118 points or 0.7 per cent

Ujjivan SFB slips 8%, hits record low on resignation of MD & CEO

Nitin Chugh, Managing Director and CEO of Ujjivan Small Finance Bank, tendered his resignation, citing personal reasons

Nitin Chugh resigns as MD & CEO of Ujjivan Small Finance Bank

Chugh resigned from his position citing personal reasons, effective September 30, 2021

Top headlines: European shares tumble 2%; Ujjivan SFB MD & CEO resigns

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