Ujjivan SFB goes "Hero"

Ujjivan Small Finance Bank (Ujjivan SFB) had hit a new 52-week low yesterday at Rs.16.75, closing at Rs.16.95 and today, it opened higher at Rs.17.05 and went on further to Rs.17.30.

Ujjivan SFB announced a tie-up with Hero MotoCorp to finance two-wheelers purchased by the customers, the first such tie-up by any SFB.

The SFB will be funding 100% of the on-road prices of the vehicle, depending on the customer’s credit profile.