India, Sept. 9 -- Ujjivan Small Finance Bank Ltd. aims to raise Rs.2,000 crore in core capital in the next two years to fund its five-year growth plans, as the lender looks to grow out of its "painful" past.

"The pains are behind us, growth is around the corner for us," CEO Sanjeev Nautiyal told reporters in Mumbai on Monday (8 September 2025). "We will be raising Rs.2,000 crore in 18-24 months through the qualified institutional placement (QIP) route."

These funds will be used to increase the number of Ujjivan SFB branches to 1,150 from 752 at present grow the loan book to Rs.1 lakh crore by FY30 from Rs.32,122 crore in FY25, he said. Deposits are also expected to increase three-fold to up to Rs.1.2 lakh crore. At the same time, the le...