Key Quantitative Figures
Pool 1 - Unsecured MFI Loans:
- Number of accounts: 167,271
- Aggregate principal outstanding as of March 31, 2026: ₹507.42 crore
- Reserve price/binding offer: ₹75.35 crore
- Starting price for counter bid: ₹79.12 crore (5% markup)
Pool 2 - Unsecured MFI Loans:
- Number of accounts: 47,168
- Aggregate principal outstanding as of March 31, 2026: ₹143.12 crore
- Reserve price/binding offer: ₹20.04 crore
- Starting price for counter bid: ₹21.04 crore (5% markup)
Pool 3 - Secured Commercial Vehicle & Construction Equipment Loans:
- Number of accounts: 288
- Aggregate principal outstanding as of March 31, 2026: ₹76.29 crore
- Reserve price/binding offer: ₹49.59 crore
- Starting price for counter bid: ₹52.07 crore (5% markup)
Total Portfolio:
- Total accounts: 214,727
- Total principal outstanding: ₹726.83 crore
- Total reserve price: ₹144.98 crore
Dates of Action
- Management Committee meeting date: June 26, 2026
- Approval date: June 26, 2026
- Disclosure date: June 26, 2026
Terms of Sale
Pool 1: 100% Cash upfront or Cash + Security Receipts with minimum 50.50% in cash
Pool 2: 100% Cash upfront or Cash + Security Receipts with minimum 49.15% in cash
Pool 3: 100% Cash upfront or Cash + Security Receipts with minimum 55.80% in cash
Parties Involved
- Utkarsh Small Finance Bank Limited (initiating party)
- Asset Reconstruction Company (counterparty, unspecified)
Additional Actions
- Newspaper advertisement of Expression of Interest (EOI) released simultaneously
- Separate intimation to be provided when the proposed deal is completed
- Disclosure available on bank's website: www.utkarsh.bank.in