Ujjivan Small Finance Bank to digitise loan origination; partners with fintech company Decimal Technologies; shares up 8.4% after SUCCESSIVE FALLS
Development comes days after founder of Samit Ghosh in his investor call has announced change in its top management. Ghosh, in the investor call on 20 August had acknowledged that Ujjivan was going through “a very difficult time” and highlighted issues related to provisioning and high attrition rate in the company across the board
The shares of USFB today ended up 8.4 per cent or Rs 1.55 on the NSE to settle at Rs 20. The stock has fallen on 6 occasions out of the last 7 trading sessions