Utkarsh Small Finance Bank has scheduled its 10th Annual General Meeting (AGM) for August 04, 2026, at 2:30 p.m. IST through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The bank has completed the dispatch of the Notice of the AGM along with the Annual Report for FY 2025-26 on July 10, 2026, through electronic mode to members and debenture holders whose email addresses are registered with the bank or its Registrar and Transfer Agent.

AGM and E-Voting Details

The Notice of the 10th AGM and the Annual Report for FY 2025-26 are available on the bank's website and the websites of BSE Limited and National Stock Exchange of India Limited. National Securities Depository Limited (NSDL) has been engaged to provide remote e-voting facilities. Members whose names appear in the Register of Members or Register of Beneficial Owners as of the cut-off date, Tuesday, July 28, 2026, are entitled to vote.

Members who have cast their vote by remote e-voting prior to the AGM may attend and participate but are not entitled to vote again. Those present at the AGM through VC/OAVM who have not voted remotely may exercise their right to vote during the meeting. The voting rights of members are in proportion to their shares of the paid-up equity share capital as on the cut-off date, subject to the provisions of the Banking Regulation Act, 1949, and RBI Directions.

Annual Report FY 2025-26

The Annual Report for FY 2025-26 covers the period from April 1, 2025, to March 31, 2026. The document provides a comprehensive overview of the bank's financial and non-financial performance. A letter providing the web-link and QR Code for accessing the Annual Report and Notice is being sent to shareholders and debenture holders who have not registered their email addresses.

Muthiah Ganapathy, Company Secretary & Compliance Officer, signed the disclosure regarding the newspaper advertisement on July 11, 2026. The bank's registered office is located at Utkarsh Tower, NH-31 (Airport Road), Sehmalpur, Kazi Sarai, Harhua, Varanasi, Uttar Pradesh.

Utkarsh Small Finance Bank reported a 48.5% year-on-year increase in total disbursements to ₹3,370 crore for the quarter ended June 30, 2026. Non-JLG disbursements surged 92.9% to ₹2,180 crore, driving the overall growth, while JLG disbursements rose 4.5% to ₹1,190 crore. Sequentially, total disbursements declined 19.9% from ₹4,207 crore in Q4 FY26.

The bank's gross loan portfolio stood at ₹19,612 crore, a 2% increase from ₹19,224 crore in Q1 FY26. The portfolio mix shifted significantly, with the JLG to Non-JLG ratio moving to 28:72 from 45:55 in the prior year. The secured to unsecured ratio improved to 51:49 from 45:55 YoY.

Total deposits grew 2.6% year-on-year to ₹22,053 crore, supported by a 14.7% rise in retail term deposits to ₹13,393 crore. Bulk term deposits decreased 32.1% to ₹3,794 crore. The CASA ratio improved to 22.1% from 19.7% in Q1 FY26, while the CASA plus retail term deposits ratio stood at 82.8%.

Asset quality metrics for the micro-banking segment showed improvement, with the SMA pool percentage contracting to 1.20% in Q1 FY27 from 5.10% in the same period last year. The X Bucket Collection Efficiency was recorded at 99.63%. The bank maintained a Liquidity Coverage Ratio (LCR) of 223% as on June 30, 2026.

Business Performance Summary

Micro-Banking Asset Quality

The figures for Q1 FY27 are provisional and subject to review by the Joint Statutory Auditors, as well as approval by the Audit Committee and Board of Directors.