Incorporated in 2016, Utkarsh Small Finance Bank Limited is an SFB (Small Finance Bank) in India and recorded the second fastest AUM growth in the years Fiscal 2019 and Fiscal 2022 among SFBs with AUM of more than Rs. 50 billion.

The bank extends its facilities to individuals and businesses to assist them with their financial requirements.

The services offered by Utkarsh SFB include:

• Accounts and Deposits
• Cards
• Insurance and Investments
• Loans
• Ways to Bank

Customers of Utkarsh Small Finance Bank Limited can avail of features like Top-up/Balance Transfer facility, Hassle-free processing with Easy Documentation Process, Avail loan up to Rs. 50 crores and Tenure up to 30 years, and efficient eligibility for salaried and self-employed individuals.

The company has a diverse product portfolio and microfinance remain a focused business segment.

The asset products of the entity include

• micro banking loans – joint liability group loans and individual loans
• retail loans – unsecured loans, and secured loans
• wholesale lending – short-term and longterm loan
• housing loans with a focus on affordable housing
• commercial vehicle/construction equipment loans
• gold loans

For year/ period ended ( in Cr.)

The Utkarsh Small Finance Bank Limited proposes to utilize the Net Proceeds from the Issue towards augmenting its Tier – 1 capital base to meet its future capital requirements. Further, the proceeds from the Issue will also be used towards meeting the expenses in relation to the Issue.