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Ujjivan Small Finance Bank – Is the current weakness an opportunity?

February 26, 2020 / 10:30 AM IST
Ujjivan Small Finance Bank – Is the current weakness an opportunity?

Highlights - Strong December quarter performance - Street remains concerned about promoter stake dilution - Asset book diversified to include secured lending products - Share of deposits in total funding improves - Valuation getting attractive, add gradually The journey of Ujjivan Small Finance Bank (USFB) after its listing in December 2019 has not been happy. While the IPO was done to comply with regulations that mandated a Small Finance Bank to get listed within three years of commencing operations (by January 2020), the issue received an...

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