Ujjivan is a rare bright spot in Indian finance
Its shares are up 50% since an IPO in December
A DOZEN WOMEN dressed in saris sit on benches at the branch of the Ujjivan Small Finance Bank on Koramangala 80 Feet Road, awaiting disbursements of tiny loans. The money is needed for school fees, to finance home businesses or, in a couple of cases, bigger ventures that will have employees and assets. One is hoping to produce pickles; another wants working capital for a welding shop.
This article appeared in the Finance & economics section of the print edition under the headline “Small change”
Finance & economics February 8th 2020
- Just how stable is Hong Kong’s economy?
- Companies warn of an economic crisis as China battles coronavirus
- What the coronavirus means for financial markets
- Traders lose interest in America’s jobs report
- Why Intercontinental Exchange wants to buy eBay
- Ujjivan is a rare bright spot in Indian finance
- The culture wars between economists and markets practitioners
- Economists discover the power of social norms
More from Finance & economics
Will America’s crypto frenzy end in disaster?
Donald Trump’s team is about to bring digital finance into the mainstream
Do tariffs raise inflation?
Usually. But the bigger problem is that they harm economic growth and innovation
European governments struggle to stop rich people from fleeing
Exit taxes are popular, and counter-productive
Saba Capital wages war on underperforming British investment trusts
How many will end up in Boaz Weinstein’s sights?
Has Japan truly escaped low inflation?
Its central bankers are increasingly hopeful
How American bankers dodged the MAGA carnage
The masters of the universe have escaped an anti-globalist revolt