Ujjivan entering gold loan segment shortly; to offer auto loans to all customers

Like other small finance banks, currently, as much as 70 per cent of Ujjivan's assets are unsecured/without collaterals, and a vast majority of its customers are micro-loan borrowers. The remaining 30 per cent are under secured loan category. The management has set a target of having half the assets in the secured segment over the next three years.

from Banking/Finance-Industry-Economic Times https://ift.tt/oWJYc98