Utkarsh Small Finance Bank shifts to Non-JLG Growth: Loan Book at ₹18,307 Cr (-4% YoY), Deposits Up 5% in Q3 FY26

Utkarsh Small Finance Bank Ltd shared provisional Q3 and 9M FY26 updates as of December 31, 2025, emphasizing portfolio diversification. Gross loan portfolio dipped 3.9% YoY to ₹18,306 crore from ₹19,057 crore, and 1.9% QoQ from ₹18,655 crore.

JLG loans contracted sharply 34.1% YoY to ₹6,419 crore from ₹9,737 crore (down 15.7% QoQ from ₹7,613 crore), while non-JLG loans surged 27.5% YoY to ₹11,888 crore (up 7.7% QoQ from ₹11,041 crore).

Deposits and Efficiency Metrics

Total deposits grew 4.5% YoY to ₹21,087 crore from ₹20,172 crore, though down 1.7% QoQ from ₹21,447 crore. CASA rose 16.1% YoY to ₹4,611 crore (up 2.9% QoQ), lifting the CASA ratio to 21.9% from 19.7%. Retail term deposits jumped 23.8% YoY to ₹12,586 crore, boosting CASA + retail ratio to 81.6% (from 70.1%). Bulk deposits fell 35.6% YoY to ₹3,890 crore.

Collection efficiency in micro banking hit 99.1% (excluding prepayments), with Liquidity Coverage Ratio (LCR) at a robust 200%.

The above figures await joint statutory auditors' review, Audit Committee, and Board approval.

Shares of Utkarsh Small Finance Bank Limited was last trading in BSE at Rs. 15.14 as compared to the previous close of Rs. 15.39. The total number of shares traded during the day was 374895 in over 626 trades.

The stock hit an intraday high of Rs. 15.57 and intraday low of 15.06. The net turnover during the day was Rs. 5708785.00.

Source : Equity Bulls

Keywords

UtkarshSmallFinanceBank INE735W01017 Q3FY26 BusinessUpdate