Ujjivan SFB to work on key focus areas

The stock of Ujjivan Small Finance Bank (USFB) has lost 19% over the past month following concerns about the ability of small finance banks (SFBs) to grow their deposit base and USFB’s higher exposure to unsecured loans. In a recent analyst call, the SFB highlighted focus areas including improving the secured book share over the next two years. Amid a change in the top leadership, the bank is also keen to seek a universal banking licence. The