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UTKARSH MICROFINANCE
Gold loans power Small Finance Banks' growth as microfinance asset quality weakensSmall Finance Banks are shifting focus to secured loans like gold loans. This move aims to stabilize their financial health and earnings. T...- Utkarsh Small Finance Bank sold Rs 1491 crore of bad loans for just Rs 195 croreUtkarsh Small Finance Bank has offloaded bad loans worth Rs 1491 crore to asset reconstruction firms for Rs 195 crore. This move comes as t...
- L&T Finance, Utkarsh SFB, Fusion Finance tank up to 11% as Bihar passes MFI Bill 2026. Here’s what’s causing painShares of microfinance-linked lenders fell sharply after Bihar passed a bill tightening regulations on MFIs. While the move may have limite...
- After asset quality hit, small finance banks to sharpen risk controls for 2026Small finance banks are strengthening their risk management. They plan to reduce unsecured loans and boost secured lending like vehicle and...
- Legacy microloan stress still a worry for small finance banksMicrofinance business is significantly impacting small finance banks like ESAF, Suryoday, and Utkarsh, with nearly a fifth of their microlo...
- Utkarsh Small Finance Bank shares gain over 90% on Day 1. Should you sell?The robust response from investors is mainly due to comfortable pricing and strong management focus towards microfinance business in the no...
- Utkarsh Small Finance Bank IPO to open on July 12. 10 things to know about the public offerUtkarsh Small Finance Bank will begin its 3-day initial public offering (IPO) on July 12, with shares expected to be listed on both the exc...
- Utkarsh Small Finance Bank, Glenmark Life Sciences get Sebi's go ahead to float IPOsThe initial public offer (IPO) of Utkarsh Small Finance Bank comprises fresh issue of equity shares worth Rs 750 crore and an offer for sal...
- Utkarsh Micro Finance raises Rs 150 crore via rights issuePost rights issue, CDC continued to be the largest shareholder with 14.14%.
- Utkarsh looks to raise Rs 125-150 crore from existing investorsWorld Bank's invest arm IFC sold a part of its holding in Utkarsh -- 4.9 per cent -- to Switzerland-based responsAbility Investments AG in ...
- Two small finance banks begin journey, bringing 19 lakh in banking foldThe access to public deposits would reduce their costs of fund as they would not have to rely on banks for funds for lending.
- RBL Bank surges 6% on upbeat Q2 numbersThe bank has shown a jump in provisions to Rs 49.5 crore against Rs 22.3 crore a year ago. Net non-performing assets stood at Rs 137 crore ...
- Utkarsh Micro Finance plans to raise Rs 500 crore through private placementUtkarsh is among 10 entities that got the Reserve Bank of India's initial approval to set up small finance banks to serve the under-served.
- Utkarsh Micro Finance raises Rs 30 crore short term funds from Ratnakar BankUtkarsh Micro Finance, which received license to set up small finance bank, has raised Rs 30 crore in commercial paper, the company said.
- Utkarsh Micro Finance lowers lending rate to 24%Varanasi headquartered Utkarsh Micro Finance has reduced lending rate for micro loans by one percentage point to 24 per cent.
- Utkarsh raises $21 million from Lok Capital, Commonwealth Development CorporationVaranasi-based microfinance institution Utkarsh has raised $21 million (Rs 132 crore) in a fresh round of funding from Lok Capital and Comm...
- Utkarsh Microfinance raises Rs 75.8 crore through NCDsUttar Pradesh-based Utkarsh Micro Finance has raised Rs 75.8 crore in debt funding from a consortium of financiers.
- Small microfinance institutions expect turnaround on renewed investor interestThe first four months of the year have already seen a number of mid-sized micro-lenders raising new rounds of equity and debt financing.
- Utkarsh Micro Finance raises Rs 20 crore from existing backersVaranasi-based non-banking finance company will use the proceeds of the latest round of financiang to build up its presence in UP, Bihar.
- Giving a fair chance: UtkarshUtkarsh is the first MFI in India to get funding from IFC.
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