Ujjivan Small Finance Bank Aims for Loan Growth and Expansion

Ujjivan Small Finance Bank wants to grow big by lending more money and opening more branches.

They plan to triple the amount of loans they give out and add around 400 new branches in the next five years.

They're also planning to give out more secured loans, like those for homes or cars, rather than unsecured loans.

The bank has applied to the government to become a universal bank and is waiting for a decision.

This shift is happening because the bank is trying to be safe and protect the money of the people who keep their money in the bank.