Utkarsh SFB Transfers ₹726.82 Crore Stressed Assets

Date: June 30, 2026

Board Meeting Outcomes

The Bank has completed the transaction of transfer of stressed portfolio to Asset Reconstruction Companies (ARCs) as approved by the authorised Management Committee on June 26, 2026. The transaction was conducted through Swiss Challenge Method.

Disinvestment / Strategic Actions

The Bank transferred three pools of stressed assets to two different Asset Reconstruction Companies:

Pool 1 - Unsecured MFI Loans

• Number of Accounts: 1,67,271
• Aggregate Principal Outstanding as on March 31, 2026: ₹507.42 crore
• Consideration: ₹79.92 crore
• Buyer: Prasaditya ARC Limited (PARC)

Pool 2 - Unsecured MFI Loans

• Number of Accounts: 47,168
• Aggregate Principal Outstanding as on March 31, 2026: ₹143.11 crore
• Consideration: ₹20.04 crore
• Buyer: Asset Reconstruction Company India Limited (ARCIL)

Pool 3 - Secured Commercial Vehicle & Construction Equipment Loans

• Number of Accounts: 288
• Aggregate Principal Outstanding as on March 31, 2026: ₹76.29 crore
• Consideration: ₹49.59 crore
• Buyer: Asset Reconstruction Company India Limited (ARCIL)

Transaction Summary

• Total Aggregate Principal Outstanding: ₹726.82 crore (₹650.53 crore unsecured MFI loans + ₹76.29 crore secured loans)
• Total Consideration Received: ₹149.55 crore
• Consideration from PARC: ₹79.92 crore
• Consideration from ARCIL: ₹69.63 crore (₹20.04 crore + ₹49.59 crore)

Other Operational / Legal / Strategic Disclosures

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Financial Results

Not Specified