Nitin Chugh, Managing Director and CEO, Ujjivan Small Finance Bank - BusinessLine× Widespread infection and localised lockdowns have hit credit demand, says Nitin Chugh, MD and CEO Even as the second wave of Covid-19 infections affects collection efficiencies and hampers credit demand, Ujjivan Small Finance Bank is hopeful of a recovery by June-end. “We are hopeful that now that cases have started to decline, the situation should become normal in another 30 days or by the end of June, and there would be a gradual restoration of business activities, including in rural areas,” said Nitin Chugh, Managing Director and CEO, Ujjivan SFB.