Utkarsh SFB Approves Sale of NPAs and Written-off Loans

Utkarsh Small Finance Bank's Management Committee has approved the sale of Non-Performing Assets (NPAs) and written-off loans to an Asset Reconstruction Company (ARC). The sale involves three pools of loans: unsecured MFI loans (Pool 1 and Pool 2) and secured commercial vehicle & construction equipment loans (Pool 3). The aggregate principal outstanding for these NPAs as of March 31, 2026, is approximately ₹726.83 crore. The bank is also releasing a newspaper advertisement for Expression of Interest (EOI). Further intimation will be provided upon completion of the deal.