Utkarsh Small Finance Bank Sells NPA and Written-off Loans to Asset Reconstruction Company for ~11.40 Crore

Utkarsh Small Finance Bank Ltd has announced the sale of its Non-Performing Assets (NPA) and written-off loans to an Asset Reconstruction Company (ARC). The total principal outstanding as of September 30, 2025, was ~$ Crore, on which the bank had already made 100% provisions. The bank concluded the transaction via a bilateral method, receiving a consideration of approximately ~11.40 Crore. The meeting of the authorized Management Committee, where this proposal was approved, was held from 1:20 p.m. to 4:10 p.m. on the same day. This disclosure is also available on the bank’s website.