Utkarsh Small Finance Bank Ltd - Q3 FY2023-24 Business Update

Utkarsh Small Finance Bank Limited had announced the business update for the quarter ended December 31, 2023:



Collection efficiency (excluding pre-payments) for Bank's Micro Banking loan portfolio was 96.3% for Q3, FY24.

Provisional Liquidity Coverage Ratio (LCR) stood at 195% as on December 31, 2023.

Please note that the numbers mentioned above as on December 31, 2023 are provisional unaudited numbers and is subject to approval of the Audit Committee and Board of Directors and also subject to review by the Joint Statutory Auditors of the Bank.

Shares of Utkarsh Small Finance Bank Limited was last trading in BSE at Rs. 53.27 as compared to the previous close of Rs. 52.85. The total number of shares traded during the day was 480358 in over 2148 trades.

The stock hit an intraday high of Rs. 53.69 and intraday low of 52.75. The net turnover during the day was Rs. 25569842.00.

Source : Equity Bulls

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UtkarshSmallFinanceBank INE735W01017 Q3FY2024 BusinessUpdate