Ujjivan Small Finance Bank Limited — Others, 21-02-2025: Action(s) initiated or orders passed

Ujjivan Small Finance Bank has confirmed the imposition of a penalty amounting to ₹3.07 lakh, pertaining to the disallowance of Input Tax Credit for FY 2020-2021, as per a directive from the Assistant Commissioner, Kolkata. The total contested tax value amounts to approximately ₹30.73 lakh. This penalty could slightly strain the bank’s financial position but may not have a significant operational impact. Investors might view this development with caution, although the overall sentiment remains neutral as the financial implications are manageable within current operations.