Stabilising Ujjivan Small Finance Bank first priority for new management, other future plans on slow lane
While the bank had listed a slew of digital-centric innovations to increase product suite and improve customer outreach in its latest annual report signed by outgoing chief executive Nitin Chugh, the new management has put stability as its foremost priority, pushing everything else to the backburner for the time being.
LIC, EPFO make no headway in efforts to sell Reliance Capital papersAlmost the whole Rs 15,000 crore of Reliance Capital’s credit are supposedly secured lending, mostly through bonds (or non-convertible debentures). The unsecured share of credit is estimated to be at Rs 3,000 crore.
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