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Mumbai, April 15 (IANS) Shares of Ujjivan Small Finance Bank fell sharply on Wednesday after the Reserve Bank of India returned its application for a universal banking licence, even as the broader market traded higher.The stock dropped as much as 5.94 per cent to hit an intra-day low of Rs 56.75 on the Bombay Stock Exchange (BSE), compared to its previous close of Rs 60.34.The decline came in contrast to the positive trend in the wider market, with the Sensex rising over 1.6 per cent amid improv…