Ujjivan Financial Services Ltd. provides financial services to economically disadvantaged customers in India. It offers a range of microfinance and rural finance products, including group loans, individual loans, housing loans, personal loans, vehicle loans, and gold loans, along with mobile banking services. The company was incorporated in 2004 and is headquartered in Bengaluru, India.
The risks are obvious even if it’s housing lending. Debt/equity is 996% for LIC Housing Finance (LICHF IN), higher than any other NBFC in India as...