The holding company of the bank, Ujjivan Financial Services, had earlier expressed concerns over asset classification, bad loan recognition and the ad-hoc bad loan provisioning under chief executive Nitin Chugh, who resigned last week.source https://economictimes.indiatimes.com/industry/banking/finance/banking/ujjivan-small-finance-bank-to-do-portfolio-quality-process-audit/articleshow/85626278.cms
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