Utkarsh Small Finance Bank Shares: Utkarsh Small Finance Bank shares declined for the second consecutive day and fell by more than 4 percent. On January 7, the company’s shares fell by more than 4 percent during trading and reached a 52-week low of Rs 31.04. Later it fell 3.25% and closed at Rs 31.83. The company’s loan growth remained sluggish on a quarterly basis in the December quarter, the impact of which was seen on the company’s shares. The shares of this smallcap stock have fallen by almost 9% in just 2 days.
According to the business update for the third quarter of FY 2025, the gross loan portfolio of Utkarsh Small Finance Bank stood at Rs 16,407 crore, down 0.2% on a quarterly basis. However, the company’s loan portfolio increased by 16.2% on an annual basis. Meanwhile, in the December quarter, the total deposits of the bank increased by 10% on quarterly basis and 42% on annual basis and this figure stood at Rs 20,172 crore. In the same period last year, this figure was Rs 15,111 crore, while the total deposits of the bank in the September 2024 quarter were Rs 19,496 crore.
In the December 2024 quarter, CASA deposits of Utkarsh Small Finance Bank increased by 4% on quarterly basis and 31% on annual basis and stood at Rs 3,973 crore. During this period, retail term deposits saw a growth of 7% on a quarterly basis and 41% on an annual basis, while bulk term deposits grew by 2% on a quarterly basis, while there was a decline of 24% on an annual basis.
In the third quarter of FY 2025, the collection ratio of the bank’s micro-banking loan portfolio was 88 percent, while the liquidity coverage ratio stood at 184 percent.