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Ujjivan Small Finance Bank may launch reverse merger to cut promoter stake, says CEO Nitin Chugh

Updated : December 12, 2019 01:49 PM IST

MD and CEO Nitin Chugh said a reverse merger with the holding company is the first choice for Ujjivan SFB, but it could also look at an acquisition.
On Ujjivan SFB’s strong stock market debut, Chugh said investors showed confidence in the bank's credibility and a very strong base.
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