Utkarsh Small Finance Bank has released its provisional business update for the quarter ended June 30, 2025 (Q1 FY26), in line with SEBI’s disclosure regulations. The figures remain subject to review by the bank’s Joint Statutory Auditors and further approvals.
Loan Portfolio Performance
Gross Loan Portfolio stood at ₹19,224 crore in Q1 FY26, up 2.3% from ₹18,798 crore in Q1 FY25. However, it declined by 2.2% on a sequential basis from ₹19,666 crore in Q4 FY25.
JLG (Joint Liability Group) Loan Portfolio dropped sharply by 23.1% YoY to ₹8,578 crore from ₹11,160 crore. Compared to the previous quarter, it was down 6.8%.
Non-JLG Loan Portfolio rose significantly by 39.4% YoY to ₹10,647 crore, compared to ₹7,638 crore in the same period last year. On a QoQ basis, it grew by 1.8%.
Deposit Trends
Total Deposits reached ₹21,489 crore in Q1 FY26, up 18.3% from ₹18,163 crore in Q1 FY25, with a slight decline of 0.4% from ₹21,566 crore in the previous quarter.
CASA (Current Account Savings Account) Deposits rose 22.1% YoY to ₹4,218 crore but dropped 10.2% QoQ.
Retail Term Deposits grew 33.7% YoY to ₹11,675 crore and 9.8% QoQ.Bulk Term Deposits declined by 6.4% YoY and 10.2% QoQ to ₹5,597 crore.
Ratios and Other Metrics
CASA Ratio was 19.6% in Q1 FY26, compared to 19.0% in Q1 FY25 and 21.8% in Q4 FY25.
CASA + Retail Term Deposits Ratio improved to 74.0% from 67.1% in the same period last year.
X-Bucket Collection Efficiency (excluding pre-payments) for the Micro Banking loan portfolio stood at 98.7% for the quarter.
Liquidity Coverage Ratio (LCR) was at 238% as of June 30, 2025.
These figures highlight a continued focus on non-JLG lending and retail deposit growth amid a marginal slowdown in overall loan book and CASA levels.
