India: Ujjivan SFB initiates steps to merge with holding company

India: Ujjivan SFB initiates steps to merge with holding company

Ujjivan has recently sold about 12.6 million shares to 17 domestic institutional investors at Rs210 per share. Photo: Hemant Mishra/Mint

Ujjivan Small Finance Bank (SFB) on Saturday said it would initiate steps for the amalgamation of the holding company Ujjivan Financial Services Ltd with the bank.

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