Ujjivan SFB Universal Bank Licence: RBI Decision Awaited
Why in the news
Ujjivan Small Finance Bank is waiting for RBI to rule on its bid to become a universal bank, perhaps by December 2025.
About universal banks
- Offer retail, corporate and investment banking, treasury and asset management.
Eligibility under RBI guidelines
| Criterion | Requirement |
|---|---|
| Capital | Paid-up capital of ₹500 crore (may vary) |
| Capital adequacy | CRAR per Basel norms, minimum 9% for Indian banks |
| Track record | Strong financial and operational record |
| Governance | Sound risk management and compliance |
| Promoters | Integrity, experience, financial soundness |
| Plan | Credible projections and growth strategy |
Exam angle
- Licensing authority: RBI; CRAR minimum 9%.