Utkarsh Small Finance Bank Q2 disbursements jump 55% YoY to Rs 3,525 crore; loan portfolio rises over 7%

What happened: Utkarsh Small Finance Bank reported Q2 FY27 total disbursements of Rs 3,525 crore, up 55% year on year, with its gross loan portfolio rising over 7%. Key numbers: Disbursements Rs 3,525 crore, up 55% YoY and 4.6% QoQ. Non-JLG disbursements Rs 2,602 crore, up 94.2% YoY. Why it matters: Growth was driven by non-JLG disbursements, while the JLG book contracted 32.4% year on year. The bank said the Q2 FY27 information is provisional and subject to review by the Joint Statutory Auditors and approval by the Audit Committee and Board of Directors.

Utkarsh Small Finance Bank reported Q2 FY27 total disbursements of Rs 3,525 crore, up 55% year on year, with its gross loan portfolio rising over 7%.

Growth was driven by non-JLG disbursements, while the JLG book contracted 32.4% year on year. The bank said the Q2 FY27 information is provisional and subject to review by the Joint Statutory Auditors and approval by the Audit Committee and Board of Directors.