Sanjeev Nautiyal, MD & CEO of Ujjivan SFB, said the bank had submitted its application for the universal banking license, which has gone through multiple rounds of queries and clarifications from the RBI.
Nautiyal expressed hope that a decision could be taken by December.
For the long term, Ujjivan SFB has set several growth priorities for FY30. The bank aims to triple its liabilities, achieve a CASA ratio of around 35%, and expand its gross loan book to approximately ₹1 lakh crore.
It also plans to add about 500 new branches, maintain a cost-to-income ratio of about 55%, and keep operating expenses below 5% of average assets.
In the nearer term, the bank has guided for FY26 with projected asset growth of 20%, a CASA deposit ratio of 27%, a return on assets (ROA) of 1.2-1.4%, and a return on equity (ROE) between 10-12%. The cost-to-income ratio is expected to be around 67%.
Nautiyal noted that the bank’s five-year growth plan is designed to be agnostic to whether the RBI grants the universal banking license, ensuring that Ujjivan SFB’s strategic priorities remain on track regardless of regulatory outcomes.
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First Published: Sept 8, 2025 12:57 PM IST
