Home / Business and Economy / Utkarsh SFB Loan Book Surges 7.5% Despite JLG Decline
Utkarsh SFB Loan Book Surges 7.5% Despite JLG Decline
6 Oct
Summary
- Total disbursements reached ₹3,525 crore in Q2 FY27, a 54.9% year-on-year increase.
- Gross loan portfolio grew to ₹20,063 crore, showing 7.5% year-on-year growth.
- Total deposits rose to ₹23,869 crore, marking a 6.6% year-on-year increase.
Utkarsh Small Finance Bank has announced strong performance figures for the quarter ended September 30, 2026. Total disbursements for the period reached ₹3,525 crore, a significant 54.9% increase compared to the same period last year. This growth was primarily fueled by a substantial 94.2% year-on-year rise in non-joint liability group (JLG) disbursements.
The bank's gross loan portfolio expanded to ₹20,063 crore, demonstrating a 7.5% year-on-year growth. Notably, the non-JLG loan portfolio saw a 35.1% increase, while the JLG portfolio experienced a 32.4% decline. The JLG-to-non-JLG portfolio mix shifted to 26:74 from 41:59 a year prior.
In terms of deposits, Utkarsh Small Finance Bank reported a 6.6% year-on-year increase, bringing the total to ₹23,869 crore. CASA deposits grew by 14.3% year-on-year, and retail term deposits increased by 11.8%. The CASA ratio improved to 21.5% from 20% year-on-year.
Collection efficiency remained strong, with the X-bucket collection efficiency at 99.53% in Q2 FY27. The special mention account (SMA) pool stood at 1.48%, a significant improvement from 4.87% a year ago. The bank maintained a healthy liquidity coverage ratio (LCR) of 176% as of September 30, 2026.
