08 April 2024
Utkarsh Small Finance Bank released its business update for the quarter ended 31st March 2024, the Gross Loan Portfolio of the company increased by 31.1% from Rs 13,957 Cr in March 2023 to Rs 18,299 Cr in March 2024. The total deposits of the company increased by 27.4% from Rs 13,710 Cr in March 2023 to Rs 17,473 Cr in March 2024. The CASA Ratio of the bank declined from 20.9% in March 2023 to 20.5% in March 2024. Collection efficiency (excluding pre-payments) for Bank’s Micro Banking loan portfolio was 97.6% for Q4, FY24. Provisional Liquidity Coverage Ratio (LCR) stood at 165% as on March 31, 2024
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