Utkarsh Small Finance Bank Limited (UTKARSHBNK) — Announcement

📢 Key Event
Bank approves sale of NPA and written-off loans to ARC

💡 Investor Takeaway
This asset sale improves asset quality and may boost investor confidence by reducing risk exposure.

Utkarsh Small Finance Bank announced on June 26, 2026 that its Management Committee approved the sale of stressed and written-off loans to an Asset Reconstruction Company (ARC) across three loan portfolios, with total principal outstanding of [amount not verified] and aggregate cash offers of [amount not verified] (Rs. 79.12 crore for Pool 1, Rs. 21.04 crore for Pool 2, Rs. 52.07 crore for Pool 3). The sale includes 100% upfront cash or cash plus security receipts with specified minimum cash percentages, and the bank will separately update once the transaction closes. This move reduces non-performing assets and improves balance sheet quality, directly affecting shareholder value through asset cleanup.

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