Sanjeev Naatiyal, MD & CEO, Ujjivan Small Finance Bank | Photocredit: Bijoy Ghosh
Ujjivan Small Finance Bank hopes to receive the final decision about its Universal Bank License Application from the Reserve Bank of India (RBI) in December 2025, said MD & CEO Sanjeev Nautiyyal.
‘As we understand, she [RBI] Can be at an advanced stage of processing and then it will be presented to a committee of civil servants who will accept a call to request. We hope that a decision will be made by the end of December, “he said. The SFB had applied for a universal banking license in February 2025. Earlier this year, the RBI approved the AU SFB application for converting into a universal bank, while Jana SFB has submitted a separate universal bank license request to the RBI.
FY30 growth plans
Ujjivan SFB will increase to £ 2,000 crore for the next 18-24 months to finance growth, Nautiyal said.
The SFB is aimed at growing his loan book to more than £ 1 Lakh Crore by FY30, triple its deposit base and expands the branch network to 1,150 from 753 as at the end of June. As on Q1FY26, the total deposits amounted to £ 38,619 crore, while the gross loan book was at £ 33,287 crore.
“We are planning to increase this branch network to around 1,150 for the next five years. From Expanded Network we will carefully roll out our existing products while we launch new products and services,” said Nautiyal.
As the lender shifts the focus on secure book, as he focuses on 6-7 percent net interest rate (NIM) during the coming five-year period against 7.7 percent on June 2025. It focuses on credit costs of 1-1.5 percent of 1-1.5 percent of 0.7 percent of 0.7 percent on June 2025. in the general. From return on a return of 1.8-2 percentage and return on the equity of 16-18 percentage.
Published on September 8, 2025
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