UjjivanSFB Tier2 (IFC-41078)

  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 28, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 17, 2019

Disclosed by Bank Nov 5, 2018

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Project Description

According to the bank website, "the proposed project envisages a debt investment in Ujjivan Small Finance Bank the “Bank” headquartered in Bangalore, Karnataka with a borrower base of more than 3.7 million borrowers and a loan portfolio of approximately INR77 billion (US$1.1 billion equivalent) as of June 2018.The bank is amongst the few Small finance banks that focus on providing micro loans to women borrowers in urban and semi-urban areas. Its target customers include self-employed women working as vegetable or fruit vendors, small shop owners, sari sellers, tailors, salaried women working in garment factories, hospitals, cooks, house maids, and piece rate workers involved in incense stick rolling, tailoring etc. The bank is 100% subsidiary of the Ujjivan Financials Services Limited. Ujjivan has over the years, established itself as one of the most customer centric institutions with a strong emphasis on responsible lending and good HR practices.IFC’s proposed investment will help the company expand the outreach of access to low income borrowers who have little or no access to formal sources of financing and strengthening its balance sheet through availability of long tenor debt."

Investment Description
  • International Finance Corporation (IFC)
Private Actors
Contact Information

Ujjivan Small Finance Bank Limited
Mr. Pavan Kumar Jinuga
Tel +91 80 4071 2121
18th Main, Koramangala 6th Block, Bengaluru 560 095


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