Utkarsh SFB FY26 Net Loss of ₹1,151 Crore

Utkarsh Small Finance Bank reported a net loss of ₹1,151 crore for FY26 and ₹188 crore for Q4 FY26, driven by high provisions of ₹1,563 crore.
Gross loan portfolio declined 1.7% YoY to ₹19,332 crore, with a strategic shift from JLG (30% of portfolio) to secured non-JLG lending (70% of portfolio).
Total deposits grew marginally to ₹21,654 crore, with improved CASA ratio of 24.0% and retail term deposits comprising 82.7% of total deposits.
Capital adequacy (CRAR) declined to 17.71% in Mar-26 from 20.93% in Mar-25, while the bank focused on risk management and geographic diversification.