Financial Institutions & Government Banking Group (FIGB)

Deepening Presence Across the BFSI, Corporate, and Government Sectors

The Financial Institutions & Government Banking Group (FIGB) plays a pivotal role in Ujjivan SFB, encompassing a wide range of operations that contribute to institutional lending growth and accumulate liabilities from large institutional clients. This group manages the pan-India liability businesses of various institutions, including Banks, Cooperative Banks, Regional Rural Banks, Small Finance Banks, Payment Banks, Mutual Funds, Insurance entities, Government Departments, Central & State Government Public Sector Undertakings, Quasi-Government bodies, Mid & Large Corporate entities, and similar entities.

Segment Covered & Proposition Offered

Banks – Nationalized, Private, Payments & SFBs 

  • Interbank Deposits
  • Term Money
  • Notice Money
  • Certificate of Deposits
  • Inter Bank Accounts
 

NBFC, HFC, MFIs & Financial Institutions

  • Term Loan
  • Collection Account
  • Escrow Account
  • CMS & Payment Solutions
  • Working Capital Facility
  • Term Deposits
  • Business Net Banking

Co-operative Banks & RRBs

  • Term Deposits
  • Current Account
  • ODTD
  • Business Net Banking
  • CMS & Payment Solutions

Capital Market

  • Term Deposits
  • Current Account
  • Bank Guarantee Limits
  • Business Net Banking
  • CMS & Payment Solutions
  • Escrow Account

Mutual funds & Insurance Companies

  • CD (Certificate of Deposit)
  • Fixed Deposits
  • Escrow Account
  • Collection & Payment Solutions
  • Current Accounts

Central Government & State Government – Departments, Schemes, Autonomous Bodies & PSUs

  • Institutional Savings Account
  • Term Deposits
  • Current Account
  • PFMS payments and account validation
  • Business Net Banking
  • CMS & Payment
  • Escrow Account

Large Corporate & Institutions

  • Bank Guarantee
  • ODTD
  • Business Net Banking
  • CMS & Payment
  • Escrow Account
  • Fixed Deposits

Wholesale Assets

FI & GB team is engaged in lending to NBFCs/MFIs/HFCs, Mid/Large Corporates and Government Entities for their working capital and long term needs. Currently below products are being offered:

  • Term Loan - Ranging between 1 to 5 years caters to the long term needs of the borrowers. The repayment is structured as per the requirement and cash flows of the borrower within the regulatory guidelines.
  • Working Capital Demand Loan - Offered to borrowers to meet their working capital requirement with tenure ranging between 7 days to 360 days.
  • Overdraft - For meeting short term requirements of the borrower.
  • Bank Guarantee - Financial Guarantee is provided to borrowers to meet their Margin or Security requirement or other contractual obligations.
  • Commercial Paper / NCD - Bank invest in the CP or NCD issued by Government Institutions, NBFCs, HFCs, MFIs & similar Sectors.

All above asset and investment products are subject to detailed credit appraisal process and approval and available through specialized Wholesale Assets Team only.