Utkarsh Small Finance Bank Limited has submitted a regulatory disclosure pursuant to SEBI Listing Regulations and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information framed under Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure contains provisional business updates for the quarter and half year ended September 30, 2026 (Q2 FY27).

Disbursement Performance

  • Total Disbursements for Q2 FY27 reached ₹3,525 crore, representing a 54.9% year-on-year increase from ₹2,275 crore in Q2 FY26 and a 4.6% quarter-on-quarter increase from ₹3,370 crore in Q1 FY27.
  • JLG Disbursements were ₹923 crore in Q2 FY27, showing a slight decline of 1.3% year-on-year from ₹935 crore and a significant decrease of 22.4% quarter-on-quarter from ₹1,190 crore.
  • Non-JLG Disbursements showed strong growth at ₹2,602 crore in Q2 FY27, up 94.2% year-on-year from ₹1,340 crore and 19.4% quarter-on-quarter from ₹2,180 crore.

Portfolio Metrics

  • Gross Loan Portfolio stood at ₹20,063 crore as of September 30, 2026, showing a 7.5% year-on-year increase from ₹18,655 crore and a 2.3% quarter-on-quarter increase from ₹19,610 crore.
  • JLG Loan Portfolio was ₹5,146 crore, declining 32.4% year-on-year from ₹7,613 crore and 6.1% quarter-on-quarter from ₹5,480 crore.
  • Non-JLG Loan Portfolio reached ₹14,917 crore, growing 35.1% year-on-year from ₹11,041 crore and 5.6% quarter-on-quarter from ₹14,130 crore.

Portfolio Mix Evolution

  • JLG to Non-JLG ratio shifted to 26:74 in Q2 FY27 from 41:59 in Q2 FY26 and 28:72 in Q1 FY27.
  • MB to Non-MB ratio remained stable at 37:63 in Q2 FY27 compared to Q1 FY27, down from 44:56 in Q2 FY26.
  • Secured to Unsecured ratio improved to 52:48 in Q2 FY27 from 47:53 in Q2 FY26 and 51:49 in Q1 FY27.

Deposit Performance

  • Total Deposits reached ₹23,869 crore, growing 6.6% year-on-year from ₹22,385 crore and 3.3% quarter-on-quarter from ₹23,107 crore.
  • CASA Deposits were ₹5,121 crore, increasing 14.3% year-on-year from ₹4,482 crore and 5.2% quarter-on-quarter from ₹4,867 crore.
  • Retail Term Deposits stood at ₹14,442 crore, up 11.8% year-on-year from ₹12,922 crore and 1.3% quarter-on-quarter from ₹14,261 crore.
  • Bulk Term Deposits were ₹4,307 crore, declining 13.5% year-on-year from ₹4,980 crore but increasing 8.2% quarter-on-quarter from ₹3,979 crore.

Deposit Ratios

  • CASA Ratio improved to 21.5% in Q2 FY27 from 20.0% in Q2 FY26 and 21.1% in Q1 FY27.
  • CASA + Retail Term Deposits Ratio increased to 82.0% in Q2 FY27 from 77.8% in Q2 FY26 and 82.8% in Q1 FY27.

Asset Quality and Liquidity

  • Collection Efficiency stood at 99.53% for the reported period.
  • SMA Pool % was reported at 1.48%.
  • Liquidity Coverage Ratio (LCR) was strong at 176% as of September 30, 2026.

Important Notes

  • All eligible Micro-Banking disbursements effective from January 17, 2025 are covered under the CGFMU Scheme.
  • Gross Loan Portfolio figures include IBPC issued by the Bank.
  • Deposit figures include interest accrued and due.
  • The Q2 FY27 information is provisional and subject to review by the Joint Statutory Auditors of the Bank and approval of the Audit Committee and Board of Directors.

The disclosure was signed by Muthiah Ganapathy, Company Secretary & Compliance Officer, on October 06, 2026 at 17:25:08 IST.