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The company continues disciplined B2C ad investments to support margin stability while pursuing sustainable, capital-efficient growth. Its business mainly consists of products like digital map data, GPS navigation, location-based services, licensing, and royalties. Please consult your investment advisor before investing.
The Reserve Bank of India (RBI) granted the bank a banking license in 2015, and it began operations in February 2017. It began its B2C (business to customer) distribution channel in 2011, aiming at the expanding Indian middle class. Ujjivan Small Finance Bank was established as a non-banking financial corporation (NBFC) in 2005.
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