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Ujjivan has to change its DNA for a universal banking licence | The Morning Context

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Business

Ujjivan has to change its DNA for a universal banking licence

Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank

Furquan Moharkan

28 October, 2025•10 min

0

28 October, 2025•10 min

0

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Ujjivan has to change its DNA for a universal banking licence

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LONGREAD
/
Business

Ujjivan has to change its DNA for a universal banking licence

Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank

Furquan Moharkan

28 October, 2025•10 min

0

28 October, 2025•10 min

0

Getting your Trinity Audio player ready...

Ujjivan has to change its DNA for a universal banking licence

More in Business

Story image

Cipla’s conservative approach is beginning to hurt

Story image

Cipla’s conservative approach is beginning to hurt

The drugmaker’s reluctance to part with cash may have given it one of the strongest balance sheets in Indian pharma, but investors are increasingly rewarding risk takers.

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Story image

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Story image

BSE and NSE’s money-with-morals indices struggle to justify their existence

BSE and NSE’s money-with-morals indices struggle to justify their existence

Story image

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Story image

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Tata Consumer Products struggles with Capital Foods, its most expensive buy

You may also like

Story image

RBI’s rules redraw the playbook for prop traders

The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.

Story image

MobiKwik, Lendbox and RBI leave P2P investors stranded in a blame game

High returns, RBI-regulated comfort, and easy withdrawals drew investors in. Now, with repayments drying up, the fintech platform, its NBFC partner, and the regulator are pointing fingers—leaving customers to chase their own money.

Sonal Choudhary

Story image

A question of trust at Paytm

The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.

Sonal Choudhary

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