
Sale30 Sept 2026, 02:42 pm
Utkarsh SFB Sells Stressed Loans Worth ₹75.16 Cr
AI Summary
Utkarsh Small Finance Bank Ltd announced that its Management Committee has approved the sale of a pool of stressed unsecured loans, comprising Non-Performing Assets (NPAs) and written-off loans. The aggregate principal outstanding of these loans as of August 31, 2026, is up to ₹75.16 Crore. The sale is to a Non-Banking Financial Company for a consideration of ₹15.50 crore. This move is part of the bank's strategy to manage its asset quality and reduce its non-performing loan portfolio. The disclosure was made under Regulation 30 of SEBI Listing Regulations.
Key Highlights
- Bank approved sale of stressed unsecured loans pool.
- Loan pool includes NPAs and written-off accounts.
- Aggregate principal outstanding up to ₹75.16 Crore.
- Sale consideration is ₹15.50 crore.
- Transaction aims to improve asset quality.
Price Impact
More from UTKARSHBNK