Utkarsh SFB approves ₹195 Cr bond redemption

Utkarsh Small Finance Bank Ltd's Capital Structuring and Fund Raise Committee approved the exercise of a call option for the redemption of 1,950 Rated, Listed, Unsecured, Redeemable, Lower Tier II Bonds aggregating up to ₹195 crores. The redemption will occur at par on August 13, 2026. A notice regarding this call option will be issued to debenture holders and the debenture trustee. The bank has fixed July 29, 2026, as the record date for this call option. The committee also approved the execution of a supplementary debenture trust deed.