Ujjivan Financial Services has earmarked more than ₹300 crore for investment in implementing and integrating its core banking technology over the next five years. The move is a further step towards its proposed small finance banking operations. The Bengaluru-headquartered microfinance institution said it will be focusing on mobility solutions, which will use mobiles and handheld devices to reach its rural customers.
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Published on May 18, 2016
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