Utkarsh Small Finance Bank Limited — Updates, 09-11-2024: Press Release

Utkarsh Small Finance Bank reported strong financial growth for the quarter and half-year ended September 30, 2024, with a 28.3% increase in gross loan portfolio to ₹19,101 crore and a 39.6% rise in deposits to ₹19,496 crore. Operating profit rose 28% to ₹588 crore in H1FY25, while profit after tax was ₹189 crore. Gross NPAs increased to 3.88%, and the bank expanded its branch network to 967 across 26 states.