BSE
Your Result on : Detailed News
Back
Utkarsh SFB transfers stressed MFI loans portfolio to two ARCs for Rs 195 crore
31-Mar-26   14:27 Hrs IST

The bank has sold two pools with an aggregate outstanding principal of Rs 1,490.99 crore for a total consideration of Rs 195.29 crore.

The first pool, comprising Rs 1,016.24 crore of loans (2.92 lakh accounts), has been sold to Asset Reconstruction Company India for Rs 133.10 crore.

The second pool, comprising Rs 474.75 crore of loans (1.37 lakh accounts), has been sold to Shriram Asset Reconstruction for Rs 62.19 crore.

Utkarsh Small Finance Bank is engaged in providing banking and financial services with a focus on providing financial services to the underserved and unserved sections. The bank's microfinance lending activities are primarily focused in rural and semi-urban locations of the country, while its other services are spread across the country.

The bank had reported a net loss of Rs 375 crore in Q3 FY26 as against a net loss of Rs 168 crore in Q3 FY25. Operating income declined by 27% year-on-year (YoY) to Rs 429 crore in Q3 December 2026.

The scrip had slumped 7.34% to end at Rs 10.22 on the BSE on Monday.

Powered by Capital Market - Live News

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)