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Sachin Bansal resigns from Ujjivan Small Finance Bank's board

Sachin Bansal resigns from Ujjivan Small Finance Bank's board

Tuesday, January 28, 2020, 5:37 PM

Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank Ltd citing that an entity owned and controlled by him has applied for a universal banking licence, according to a regulatory filing. Chaitanya India Fin Credit, a microlender in which the Flipkart co-founder has a majority stake, had earlier this month said it has applied to the RBI for universal bank licence.
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