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India
2005 (21 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Ujjivan Financial Services
Company Information
Get to know Ujjivan Financial Services
Ujjivan Financial Services Limited (UFSL) was incorporated in 2004 as a Non-Banking Financial Company (NBFC) with a mission to provide financial services to the economically active poor who are not adequately served by traditional financial institutions. It was a leading microfinance institution in India. In 2017, it launched its subsidiary, Ujjivan Small Finance Bank (USFB), after receiving a license from the Reserve Bank of India. UFSL then acted as the holding company for the bank. Following regulatory requirements and a strategic decision to simplify the corporate structure, UFSL underwent a reverse merger and was amalgamated with Ujjivan Small Finance Bank, with the merger becoming effective on February 1, 2024. The combined entity now operates solely as Ujjivan Small Finance Bank.
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