Utkarsh Small Finance Bank Ltd - 543942 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Analyst / Investor Meet02-02-2024
02-02-2024
Utkarsh Small Finance Bank Ltd - 543942 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Earnings call02-02-2024
Utkarsh Small Finance Bank Ltd - 543942 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Analyst / Investor call30-01-2024
Utkarsh Small Finance Bank Ltd - 543942 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of the Earnings call29-01-2024
Utkarsh Small Finance Bank Ltd - 543942 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of Financial results29-01-2024
Q3FY24 Quarterly Result Announced for Utkarsh Small Finance Bank Ltd.
Utkarsh Small Finance Bank announced Q3FY24 results: Gross Loan portfolio grew by 30.8% YoY to Rs 16,407 crore Micro-banking loan portfolio grew by 15.6% YoY, crossed Rs 10,000 crore mark Deposits grew by 17.6% YoY to Rs 15,111 crore; Retail Term Deposits (RTD) grew by 45.8% YoY to Rs 7,228 crore Net NPAs at 0.19% as of December 31, 2023 Profit after tax increased by 24.1% YoY to Rs 116.06 crore in Q3FY24; PAT for 9MFY24 increased by 24.8% to Rs 337.97 crore in 9MFY24 Return on Assets and Return on Equity stood at a healthy 2.3% and 18.5%, respectively, during 9MFY24, and the Bank continues to invest in people, presence, products & processes/technology and building floating provision cover Comfortable capitalisation with CRAR at 23.18% Presence spread across 26 States & UTs through 880 banking outlets as of December 31, 2023 Speaking on the results, Govind Singh, MD and CEO, Utkarsh Small Finance Bank, said, “We continue to expand our franchise & footprints as well as continuously strengthening our products & channels. On the back of our expanding franchise and customer base, our loan portfolio grew at a healthy pace of 30.8% YoY to Rs 16,407 crore as of December 31, 2023. Our Micro-banking loan portfolio growth also picked up and grew by 15.6% YoY to Rs 10,054 crore as of December 31, 2023. Our deposits growth continued to be led by retail term deposits which grew by 45.8% and we continue to focus on broad-basing of our deposits profile and strengthening our digital presence as well. We believe there are significant growth opportunities available in our core geographies given the good growth potential and relatively low financial penetration. We will continue to strengthen our franchise & presence and explore significant growth potential through our relevant & suitable product offerings. Despite the hardened interest rate environment, we have been able to improve our net interest margin (NIMs) in Q3FY24 and FY24 as well as keep our eyesight on cost metrics, resulting in YoY profit after tax growth of 24.1%. Our Return on Assets and Return on Equity remains consistent & stable at a healthy 2.3% and 18.5% respectively, during 9MFY24, even on increasing asset and capital base”, he added. Result PDF29-01-2024
Utkarsh Small Finance Bank Ltd - 543942 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation27-01-2024
Utkarsh Small Finance Bank Ltd - 543942 - Announcement under Regulation 30 (LODR)-Change in Management
Re-appointment of Managing Director27-01-2024
Utkarsh Small Finance Bank Ltd - 543942 - Board Meeting Outcome for Outcome Of Meeting
Outcome of Meeting27-01-2024