Key Event Details
Utkarsh Small Finance Bank Limited is undertaking migration to a new Core Banking System as part of its ongoing technology transformation and modernization initiative. The purpose is to facilitate enhanced, smooth and seamless customer experience.
Scheduled Downtime Period
The Bank has scheduled a planned downtime from August 21, 2026 (10:00 P.M.) to August 24, 2026 (06:00 A.M.). During this period, all banking services would remain unavailable.
Risk Mitigation Measures
The Bank has put in place a comprehensive migration strategy that includes appropriate risk mitigation measures, business continuity arrangements, and customer communication mechanisms.
Additional Information
The disclosure is also available on the Bank's website at www.utkarsh.bank.in.
Financial Impact
Financial impact not quantified in the disclosure.