Utkarsh SFB Q1 Business Report: Loan Increase of 2%, Deposit Growth of 2.6% Year-over-Year

Utkarsh SFB Q1 Business Report: Loan Increase of 2%, Deposit Growth of 2.6% Year-over-Year
Utkarsh Small Finance Bank Ltd announced consistent growth in its loan and deposit portfolio for the quarter ending June 30 during its update on Sunday, July 5. Disbursements showed a significant year-on-year increase, based on the bank’s Q1 business report.

Gross loan advances rose by 2% year-on-year and 1.4% sequentially, reaching ₹19,612 crore.

Total deposits amounted to ₹22,053 crore, reflecting a 2.6% increase from the previous year and a 1.8% rise from the previous quarter.
The bank’s CASA (Current Account Savings Account) deposits grew by 15.1% year-on-year to ₹4,867 crore, though they showed a sequential decline of 6.3%.
As a result, the CASA ratio improved to 22.1% compared to 19.7% a year prior, but decreased from 24% in the March quarter.

In tandem, total disbursements jumped 48% year-on-year to ₹3,370 crore, indicating robust lending activity. However, on a sequential basis, disbursements fell 20% compared to the previous quarter.

The data was part of the bank’s provisional business update for the first quarter of FY27.

On Friday, July 3, shares of Utkarsh SFB closed slightly lower by 0.86% at ₹15.01 on the NSE.

Q4FY26 business update

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