Utkarsh Small Finance Bank Ltd 2021 AR2
The report highlights Utkarsh Small Finance Bank's financial and operational performance for the fiscal year 2020-21. Despite the challenges of the COVID-19 pandemic, the bank achieved a total income of ₹1,725.14 crore, representing a year-on-year growth of 22.68%. The bank expanded its physical footprint to 558 banking outlets across 18 states and union territories, serving over 29 lakh customers. Total deposits grew by 43.41% to ₹7,507.57 crore, with a strong focus on building its CASA and retail term deposit base. Additionally, the bank filed its Draft Red Herring Prospectus for an Initial Public Offering and raised ₹240.47 crore through private placement.
Company: Utkarsh Small Finance Bank Ltd
Sector: Financials
Country: India
Year: 2021
Type: AR2
Pages: 220
Utkarsh Small Finance Bank Ltd
Annual Report
The report highlights Utkarsh Small Finance Bank's financial and operational performance for the fiscal year 2020-21. Despite the challenges of the COVID-19 pandemic, the bank achieved a total income of ₹1,725.14 crore, representing a year-on-year growth of 22.68%. The bank expanded its physical footprint to 558 banking outlets across 18 states and union territories, serving over 29 lakh customers. Total deposits grew by 43.41% to ₹7,507.57 crore, with a strong focus on building its CASA and retail term deposit base. Additionally, the bank filed its Draft Red Herring Prospectus for an Initial Public Offering and raised ₹240.47 crore through private placement.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees