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Ujjivan Small Finance Bank has reported a fine of ₹7,24,977 imposed by the Joint Commissioner of Meerut, Uttar Pradesh, primarily due to disallowance of Input Tax Credit for FY 2020-2021. The total financial implications associated with this issue, including interest and penalties, amount to ₹1,36,70,081. While this fine reflects operational challenges, it may prompt the bank to enhance compliance protocols. Investors might view this situation with caution, as it introduces potential risks related to regulatory scrutiny, though the overall impact appears manageable within the bank's operational framework.