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Govind Singh Re Appointed As Managing Director and Chief Executive Officer of Utkarsh Small Finance Bank (Utkarsh Sfb)

PRIVATEJul 10, 2024•almost 2 years ago

Position

Managing Director

Company

Utkarsh Small Finance Bank (Utkarsh SFB)

Govind Singh

VaranasiFinancial ServicesFinanceLendingBanking

Description

The Reserve Bank of India (RBI) has approved the re-appointment of Govind Singh as the Managing Director and Chief Executive Officer of Utkarsh Small Finance Bank (Utkarsh SFB). His new term will commence on September 21, 2024, and will last for three years.

Company Information

Company

Utkarsh Small Finance Bank (Utkarsh SFB)

Location

Varanasi, Uttar Pradesh, India

About

Utkarsh Small Finance Bank Limited (USFBL), incorporated on April 30, 2016, is engaged in providing banking and financial services with a focus on the underserved and unserved sections of the country. The Bank’s lending activities are primarily focussed in rural and semi-urban locations of the country while its deposit mobilisation and other services are spread across the country. The Bank commenced its operations on January 23, 2017, pursuant to the small finance banking licence granted by RBI on November 25, 2016. Prior to transfer of the business of providing microfinance to the Bank, Utkarsh (as Utkarsh Micro Finance Limited, currently Utkarsh CoreInvest Limited) has a history of providing microfinance primarily to the customers in rural and semi-urban segments.

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