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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
51 announcements match the current filters (relevance ≥ 5).
Utkarsh SFB to Raise ₹500 Crore via Tier II Bonds; Appoints New Executive Director
Utkarsh Small Finance Bank has approved a significant capital raise of up to ₹500 crore through the issuance of Tier II bonds to strengthen its capital adequacy. In a key management shift, the current CFO, Mr. Sarjukumar Pravin Simaria, has been appointed as a Whole Time Director for a three-year term starting June 22, 2026. Consequently, he will relinquish his role as CFO. The bank has also scheduled its 10th Annual General Meeting for August 04, 2026.
Key Highlights
Approved issuance of Unsecured, Subordinated, Redeemable Tier II bonds aggregating up to ₹500 crore on a private placement basis.
Appointment of Mr. Sarjukumar Pravin Simaria as Whole Time Director (Executive Director) for a period of 3 years.
Mr. Simaria to step down as Chief Financial Officer effective June 20, 2026, to assume his new board role.
The 10th Annual General Meeting (AGM) is scheduled for August 04, 2026, at 02:30 p.m. IST.
The proposed bond issue is within the borrowing limits provided under Section 180(1)(c) of the Companies Act, 2013.
👀 What to Watch
Investors should monitor the bank's capital adequacy ratios following the ₹500 crore raise, which supports future lending growth. The elevation of the CFO to the board suggests leadership continuity, though the appointment of a successor CFO will be a key upcoming detail to watch.
Utkarsh SFB Merger Update: NCLT Sets Next Hearing Date for July 23, 2026
Utkarsh Small Finance Bank has provided a procedural update regarding its Scheme of Amalgamation with Utkarsh CoreInvest Limited. The National Company Law Tribunal (NCLT), Bengaluru Bench, has uploaded an order dated May 18, 2026, scheduling the joint petition hearing for July 23, 2026. This merger is a significant step in the bank's corporate restructuring to comply with regulatory norms. Investors should note that the bank is currently awaiting the certified copy of the order to fulfill further directions.
Key Highlights
NCLT Bengaluru Bench has listed the merger petition for a hearing on July 23, 2026
The joint second motion petition was originally filed by the Bank and its promoter on April 05, 2026
The NCLT order dated May 18, 2026, was officially uploaded on the tribunal's website on May 20, 2026
The Bank is awaiting the certified copy of the Order to comply with stipulated directions and timelines
👀 What to Watch
Monitor the proceedings of the July 23 hearing as it is a critical milestone for the completion of the merger. The amalgamation is expected to simplify the holding structure, which is generally viewed positively for long-term governance.
Utkarsh SFB Q4 FY26: Net Loss of 188 Cr; GNPA Improves 330 bps QoQ to 7.7%
Utkarsh Small Finance Bank reported a net loss of 188 crores for Q4 FY '26, primarily due to high provisioning for legacy microfinance stress. However, the bank showed strong recovery signs with GNPA improving by 330 bps QoQ to 7.7% and fresh slippages dropping to 170 crores from 710 crores YoY. The bank is successfully pivoting toward secured lending, which now constitutes 51% of the loan book, while JLG exposure has been reduced to 28%. Management targets 25-30% loan growth and a 15% ROE in the medium term.
Key Highlights
Net loss of 188 crores in Q4 FY '26 driven by legacy JLG portfolio provisioning and ARC sales.
GNPA ratio improved significantly to 7.7% from 11% in the previous quarter; NNPA also saw a sharp decline.
Secured lending share rose to 51% of the gross loan book, up from 43% in March 2025.
Cost of funds reduced to 7.9% in Q4 FY '26 from 8.3% in Q4 FY '25 following RBI rate cuts and liability repricing.
Capital Adequacy Ratio remains healthy at 17.7% following a 950 crore rights issue in November 2025.
👀 What to Watch
Investors should watch for the stabilization of credit costs and the completion of the reverse merger with the holding company. The significant reduction in fresh slippages and shift toward secured assets are positive indicators for long-term recovery.
Utkarsh SFB Reports Q4 Net Loss of ₹188 Cr; Announces Major Management Changes
Utkarsh Small Finance Bank reported a significant net loss of ₹188.02 crore for the quarter ended March 31, 2026, primarily due to high provisions of ₹244.39 crore. The bank's Capital Adequacy Ratio has declined to 17.71% from 20.93% a year ago, indicating pressure on the balance sheet. In a bid to strengthen operations, the bank has appointed new senior management including a Chief Credit Officer and Head of Assets. Interest earned for the quarter saw a decline to ₹836.75 crore compared to ₹879.62 crore in the same period last year.
Key Highlights
Net loss of ₹188.02 crore in Q4 FY26 compared to a profit of ₹2.97 crore in Q4 FY25
Provisions and contingencies stood at ₹244.39 crore for the quarter
Capital Adequacy Ratio (CAR) decreased to 17.71% from 20.93% YoY
Appointed Anindya Mitra as Chief Credit Officer and Abhay Kataria as Head of Assets
Interest earned for Q4 FY26 was ₹836.75 crore, down from ₹879.62 crore in Q4 FY25
👀 What to Watch
Investors should exercise caution as the bank has reported a substantial loss and a decline in capital adequacy. Monitor the new management's ability to control credit costs and improve asset quality in the upcoming quarters.
Utkarsh Small Finance Bank Reports Q4 Net Loss of ₹188 Cr; Reshuffles Top Management
Utkarsh Small Finance Bank reported a significant net loss of ₹188.02 crore for the quarter ended March 31, 2026, compared to a profit of ₹2.97 crore in the same period last year. The bank's performance was severely impacted by high provisions of ₹244.39 crore and a decline in total income to ₹952.07 crore. Capital Adequacy Ratio also saw a notable decline to 17.71% from 20.93% year-on-year. Additionally, the bank announced a major management reshuffle, including the appointment of a new Chief Credit Officer and Head of Assets.
Key Highlights
Reported a net loss of ₹188.02 crore in Q4 FY26 against a profit of ₹2.97 crore in Q4 FY25
Provisions and contingencies remained elevated at ₹244.39 crore for the quarter
Capital Adequacy Ratio (CAR) declined to 17.71% compared to 20.93% in the previous year
Total income for the quarter stood at ₹952.07 crore, down from ₹1,166.73 crore YoY
Appointed Anindya Mitra as Chief Credit Officer and Abhay Kataria as Head of Assets
👀 What to Watch
Investors should exercise caution as the bank has swung into a substantial loss with declining capital buffers. It is advisable to monitor asset quality trends and the impact of the new leadership team on credit risk management.
Utkarsh SFB Reports ₹1,151 Cr Net Loss in FY26 Amid Micro-Banking Stress
Utkarsh Small Finance Bank reported a significant net loss of ₹1,151 crore for FY26, a sharp decline from a profit of ₹24 crore in FY25, primarily due to high credit costs and stress in the micro-banking segment. The bank's Gross Loan Portfolio saw a marginal decline of 1.7% YoY to ₹19,332 crore as it intentionally slowed JLG disbursements to manage asset quality. However, the bank is successfully pivoting towards a secured lending model, with secured loans now making up 51% of the portfolio compared to 43% last year. While asset quality remains a concern, Net NPA improved to 3.3% from 4.8% YoY, and the CASA ratio rose to 24.0%.
Key Highlights
Reported a massive net loss of ₹1,151 crore for FY26 against a profit of ₹24 crore in FY25.
Secured loans now constitute 51% of the gross loan portfolio, up from 43% in FY25.
Net NPA improved to 3.3% in Q4 FY26 from 4.8% in Q4 FY25, with PCR increasing to 59.3%.
Retail Term Deposits grew by 19.6% YoY to ₹12,720 crore, enhancing the granularity of the liability franchise.
Cost to Income ratio spiked to 97.5% for FY26, reflecting significant operational and credit-related pressures.
👀 What to Watch
Investors should exercise caution as the bank navigates a deep financial loss and high credit costs. While the shift toward secured assets and improving collection efficiency are positive long-term indicators, the bank remains a high-risk recovery play until it returns to profitability.
Utkarsh SFB Q4 Loss Narrows to ₹188 Cr; GNPA Improves to 7.7%
Utkarsh Small Finance Bank reported a net loss of ₹188 crore for Q4 FY26, showing a 50% improvement from the ₹375 crore loss in Q3 FY26. While the full-year FY26 loss is substantial at ₹1,151 crore, the bank is demonstrating a recovery with GNPA improving to 7.7% from 11.0% QoQ. A strategic shift is evident as secured lending now comprises 51% of the portfolio, up from 43% last year. Disbursements showed strong momentum, growing 46.1% QoQ, indicating a return to growth after a period of stress.
Key Highlights
Net loss for Q4 FY26 narrowed to ₹188 crore from ₹375 crore in Q3 FY26; FY26 total loss stands at ₹1,151 crore.
Gross NPA ratio improved significantly to 7.7% from 11.0% QoQ, while Net NPA fell to 3.3% from 4.5% QoQ.
Secured lending share increased to 51% of the total portfolio as of March 31, 2026, compared to 43% a year ago.
Disbursements grew by 46.1% QoQ in Q4 FY26, led by a 58.2% jump in JLG disbursements.
CASA ratio improved to 24.0% from 21.8% YoY, with retail term deposits growing 19.6% YoY to ₹12,720 crore.
👀 What to Watch
Investors should closely monitor if the bank can maintain the sharp improvement in asset quality and continue narrowing its losses in the coming quarters. The successful pivot toward secured lending is a positive long-term structural change, but the bank needs to return to bottom-line profitability before a fresh bullish stance can be taken.
Utkarsh Small Finance Bank Reports Q4 FY26 Net Loss of ₹188 Cr; Total Income Down 18% YoY
Utkarsh Small Finance Bank posted a significant net loss of ₹188.02 crore for Q4 FY26, a sharp reversal from a marginal profit of ₹0.30 crore in Q4 FY25. Total income fell to ₹952.07 crore from ₹1,166.73 crore year-on-year, primarily due to a decline in interest earned and other income. High provisions of ₹244.39 crore and a drop in the Capital Adequacy Ratio to 17.71% indicate rising financial pressure. The bank also announced a management reshuffle, including a new Chief Credit Officer and Head of Assets.
Key Highlights
Net Loss of ₹188.02 crore in Q4 FY26 compared to a profit of ₹0.30 crore in Q4 FY25
Total Income decreased by 18.4% YoY to ₹952.07 crore from ₹1,166.73 crore
Provisions and contingencies remained high at ₹244.39 crore, significantly impacting the bottom line
Capital Adequacy Ratio (CAR) declined to 17.71% from 20.93% in the previous year
Senior management changes announced including new Chief Credit Officer, Head of Assets, and CHRO
👀 What to Watch
The significant quarterly loss and deteriorating capital adequacy ratio are concerning; investors should exercise caution and monitor asset quality trends closely. Await management's guidance on the high provisioning and the strategy for returning to profitability under the new leadership team.
Utkarsh Small Finance Bank to Announce Q4 & FY26 Results on May 09, 2026
Utkarsh Small Finance Bank has scheduled its Board Meeting for Saturday, May 09, 2026, to approve the audited financial results for the quarter and full fiscal year ended March 31, 2026. An earnings conference call is subsequently scheduled for Monday, May 11, 2026, at 4:00 PM IST to discuss the bank's performance. The trading window for insiders will remain closed until May 12, 2026, as per regulatory requirements. This announcement sets the timeline for the bank's year-end financial disclosures.
Key Highlights
Board meeting to approve Q4 and FY26 audited results scheduled for May 09, 2026.
Earnings conference call to be held on May 11, 2026, at 16:00 hrs IST.
Trading window for designated persons will re-open on May 12, 2026.
Management team including MD & CEO Govind Singh and CFO Sarjukumar Simaria will be present for the call.
👀 What to Watch
Investors should track the results on May 09 for key metrics like NIMs and asset quality, and listen to the management call on May 11 for future guidance.
Utkarsh SFB Unsecured Creditors Approve Amalgamation with Utkarsh CoreInvest
Utkarsh Small Finance Bank has received approval from its unsecured creditors for the proposed scheme of amalgamation with its promoter, Utkarsh CoreInvest Limited. The approval was granted during an NCLT-convened meeting held on March 28, 2026, with the Scrutinizer's report confirming a requisite majority. This merger is part of the bank's efforts to simplify its corporate structure and comply with regulatory guidelines for Small Finance Banks. The successful vote marks a significant milestone in the legal process required for the merger completion.
Key Highlights
Unsecured creditors approved the merger with promoter Utkarsh CoreInvest with a requisite majority.
The meeting was held on March 28, 2026, following NCLT Allahabad Bench directions.
The Scrutinizer's report confirming the voting results was officially issued on March 31, 2026.
The amalgamation is intended to streamline the bank's shareholding structure and meet RBI regulatory norms.
👀 What to Watch
This is a positive development that reduces holding company complexity and simplifies the shareholding structure. Investors should maintain their positions and monitor for the final NCLT sanction and effective date of the merger.
Utkarsh SFB Shareholders Approve Merger with Promoter Entity with 99.99% Majority
Utkarsh Small Finance Bank (USFB) shareholders have overwhelmingly approved the Scheme of Amalgamation between the bank and its promoter entity, Utkarsh CoreInvest Limited. In an NCLT-convened meeting held on March 28, 2026, the resolution received 99.99% support from the total votes cast. This reverse merger is a strategic step to simplify the bank's corporate structure and align with regulatory requirements. The near-unanimous approval from both institutional and retail public shareholders clears a major hurdle for the consolidation process.
Key Highlights
99.9954% of total votes cast (65.64 crore votes) were in favor of the amalgamation scheme.
Public institutional shareholders supported the resolution with 99.9977% of their votes.
Public non-institutional (retail) shareholders approved the move with 99.9787% majority.
The merger involves the promoter company, Utkarsh CoreInvest Limited, being amalgamated into the Bank.
The scheme remains subject to final sanction from the Hon’ble NCLT, Allahabad Bench.
👀 What to Watch
The strong shareholder mandate is a positive signal for the bank's restructuring; investors should continue to hold as the bank moves toward a simplified single-entity structure, pending final NCLT approval.
Utkarsh SFB Transfers ₹1,491 Cr Stressed MFI Loan Portfolio to ARCs for ₹195 Cr
Utkarsh Small Finance Bank has successfully completed the transfer of its unsecured stressed Microfinance (MFI) loan portfolio to Asset Reconstruction Companies (ARCs). The bank offloaded a total principal outstanding of ₹1,490.99 crore for a total consideration of ₹195.29 crore, representing a recovery rate of approximately 13.1%. The transaction was executed in two pools through the Swiss Challenge Method, involving 4,28,862 accounts in total. This move is a strategic step to clean up the bank's balance sheet and improve its reported asset quality metrics.
Key Highlights
Transferred total stressed MFI loans with an aggregate principal outstanding of ₹1,490.99 crore.
Received total cash consideration of ₹195.29 crore from ARCIL and Shriram ARC.
Pool 1 (₹1,016.24 Cr principal) sold to Asset Reconstruction Company India Limited (ARCIL) for ₹133.10 Cr.
Pool 2 (₹474.75 Cr principal) sold to Shriram Asset Reconstruction Private Limited (SARC) for ₹62.19 Cr.
The sale involves 4,28,862 stressed and written-off MFI accounts as of December 31, 2025.
👀 What to Watch
Investors should view this as a positive development for asset quality as it will likely lead to a reduction in Gross and Net NPA ratios. Monitor the next quarterly earnings to see the exact impact on the bank's Provision Coverage Ratio and capital adequacy.
Utkarsh SFB Holds NCLT Meeting for Amalgamation with Utkarsh CoreInvest
Utkarsh Small Finance Bank conducted an NCLT-convened meeting of its unsecured creditors on March 28, 2026, to discuss the Scheme of Amalgamation. The proposal involves merging the promoter entity, Utkarsh CoreInvest Limited, into the Bank to simplify the corporate structure. A total of 16 unsecured creditors attended the meeting, and remote e-voting was conducted prior to the session. The final voting results and Scrutinizer's report are expected to be disclosed separately to the exchanges.
Key Highlights
NCLT-convened meeting held on March 28, 2026, following the court order dated February 11, 2026.
16 Unsecured Creditors attended the proceedings via Video Conferencing.
Remote e-voting was available for creditors from March 25 to March 27, 2026.
The primary agenda was the approval of the Scheme of Amalgamation between Utkarsh CoreInvest and the Bank.
👀 What to Watch
Investors should monitor the upcoming disclosure of voting results as this merger is a key regulatory step to eliminate the holding company structure. This is generally viewed as a positive move for Small Finance Banks to streamline operations and shareholding.
Utkarsh SFB Shareholders Meet to Approve Merger with Utkarsh CoreInvest
Utkarsh Small Finance Bank held an NCLT-convened meeting on March 28, 2026, to seek shareholder approval for the merger of its promoter entity, Utkarsh CoreInvest Limited, into the bank. The meeting, attended by 43 members, is a critical step in the bank's reverse merger process to simplify its corporate structure. This amalgamation is intended to meet regulatory requirements and potentially eliminate the holding company discount for shareholders. While the meeting has concluded, the final voting results and scrutinizer's report are expected to be released separately.
Key Highlights
NCLT-convened meeting held on March 28, 2026, following the Allahabad Bench order dated February 11, 2026
Primary agenda was the approval of the Scheme of Amalgamation between Utkarsh CoreInvest Limited and the Bank
Remote e-voting facility was provided to shareholders from March 25 to March 27, 2026
The meeting was attended by 43 members and key management including MD & CEO Govind Singh
Final voting results to be disclosed to stock exchanges separately following the Scrutinizer's report
👀 What to Watch
Investors should monitor the upcoming announcement regarding the voting results and subsequent NCLT approval. This merger is a significant milestone that aligns with RBI's licensing conditions for small finance banks.
Utkarsh SFB to Sell Stressed MFI Loan Portfolios Worth Rs 1,491 Crore to ARCs
Utkarsh Small Finance Bank has approved the sale of two pools of stressed Microfinance (MFI) loans to Asset Reconstruction Companies (ARCs). The total aggregate principal outstanding for these non-performing and written-off assets is approximately Rs 1,491 crore. The bank has set a combined reserve price of approximately Rs 195.29 crore for these portfolios. The transaction will be structured as a mix of Cash and Security Receipts, which is a standard practice for cleaning up bank balance sheets.
Key Highlights
Total stressed MFI loan principal outstanding for sale amounts to approximately Rs 1,491 crore.
Pool 1 includes unsecured MFI loans of Rs 1,016.24 crore with a reserve price of Rs 133.10 crore.
Pool 2 includes unsecured MFI loans of Rs 474.75 crore with a reserve price of Rs 62.19 crore.
The sale will be executed through a combination of Cash and Security Receipts (SR).
The bank has initiated the process by releasing a newspaper advertisement for Expression of Interest (EOI).
👀 What to Watch
Investors should view this as a positive step toward improving asset quality and reducing Gross NPA ratios. Monitor the final deal closure and the ratio of cash versus security receipts received in the transaction.
Utkarsh SFB Shareholders Approve Director Appointments and CEO Remuneration with >99% Majority
Utkarsh Small Finance Bank has announced the successful passage of three key resolutions via postal ballot with over 99% approval for each. Shareholders approved the appointment of Dr. Ram Jass Yadav as a Non-Executive Director and the re-appointment of Mr. Ajay Kumar Kapur as an Independent Director. Additionally, the remuneration for MD & CEO Mr. Govind Singh for the financial year 2025-26 was approved. The voting saw participation from 610 members representing approximately 36.84% of the total equity shares, showing strong institutional support.
Key Highlights
Appointment of Dr. Ram Jass Yadav as Non-Executive Director approved with 99.95% votes in favour
Re-appointment of Mr. Ajay Kumar Kapur as Independent Director passed with 99.88% majority
Remuneration for MD & CEO Govind Singh for FY 2025-26 approved by requisite majority
Total of 95.22 crore votes were cast, representing a 36.84% turnout of the total share capital
👀 What to Watch
The high approval ratings indicate strong investor confidence in the bank's leadership and strategic direction. Investors should view this management continuity as a positive sign for the bank's operational stability.
Utkarsh SFB to Hold Shareholder Meeting on March 28 for Merger with Promoter Entity
Utkarsh Small Finance Bank has scheduled a court-convened meeting on March 28, 2026, to seek shareholder approval for the merger of its promoter company, Utkarsh CoreInvest Limited, into the bank. This reverse merger follows regulatory directions and aims to simplify the corporate structure. The bank has already secured 'no-objection' clearances from the RBI (January 2025) and stock exchanges (July 2025). The appointed date for the amalgamation is set as April 1, 2025, according to the scheme documents.
Key Highlights
Shareholder meeting scheduled for March 28, 2026, to approve the Scheme of Amalgamation.
RBI granted 'no-objection' for the merger on January 02, 2025.
The merger involves the promoter entity, Utkarsh CoreInvest Limited, being absorbed by the bank.
Remote e-voting for shareholders will be open from March 25 to March 27, 2026.
The appointed date for the merger is fixed as April 01, 2025.
👀 What to Watch
Investors should support the merger as it simplifies the holding structure and eliminates the holding company discount, which is typically positive for the bank's valuation. Monitor the post-merger shareholding pattern for potential changes in liquidity.
Utkarsh SFB Convenes Shareholder Meeting on March 28, 2026 for Merger with Promoter Entity
Utkarsh Small Finance Bank has scheduled a court-convened meeting on March 28, 2026, to seek shareholder approval for the merger of its promoter entity, Utkarsh CoreInvest Limited, into the bank. This reverse merger is a regulatory requirement for Small Finance Banks to simplify corporate structures and has already received 'no-objection' clearances from the RBI and stock exchanges in 2025. The NCLT Allahabad Bench directed this meeting to finalize the amalgamation process under Sections 230-232 of the Companies Act. Shareholders as of the March 21, 2026 cut-off date are eligible to vote on the proposal.
Key Highlights
Court-convened meeting scheduled for March 28, 2026, to approve the Scheme of Amalgamation.
RBI granted its 'no-objection' to the proposed merger on January 02, 2025.
BSE and NSE provided their no-objection letters in July 2025 following the initial proposal.
Remote e-voting period is set from March 25, 2026, to March 27, 2026.
The merger aims to consolidate Utkarsh CoreInvest Limited (Transferor) into Utkarsh Small Finance Bank (Transferee).
👀 What to Watch
Investors should view this as a positive regulatory milestone that simplifies the bank's ownership structure and removes the holding company discount. Shareholders are advised to participate in the e-voting process to support the amalgamation as it aligns with long-term compliance goals.
Utkarsh SFB Receives NCLT Order for Amalgamation; Meetings Set for March 28, 2026
Utkarsh Small Finance Bank (USFB) has received an order from the NCLT Allahabad Bench to proceed with its Scheme of Amalgamation with its promoter entity, Utkarsh CoreInvest Limited. The NCLT has directed the bank to hold meetings for equity shareholders and unsecured creditors on March 28, 2026, to seek approval for the merger. This reverse merger is a key regulatory step to eliminate the holding company structure and simplify the shareholding pattern. The successful completion of this process is expected to improve corporate governance and meet RBI's licensing conditions.
Key Highlights
NCLT order dated February 11, 2026, received via email on February 13, 2026.
Equity Shareholders meeting scheduled for March 28, 2026, at 12:30 PM via Video Conferencing.
Unsecured Creditors meeting scheduled for March 28, 2026, at 3:30 PM via Video Conferencing.
The scheme involves the merger of Utkarsh CoreInvest Limited into Utkarsh Small Finance Bank.
👀 What to Watch
Shareholders should participate in the upcoming meeting on March 28 to vote on the scheme. This structural simplification is generally viewed favorably by the market as it removes the holding company discount.
Utkarsh SFB Reports INR 375 Cr Net Loss in Q3 FY26 Amid Microfinance Portfolio Recalibration
Utkarsh Small Finance Bank reported a net loss of INR 375 crores for Q3 FY26, driven by elevated credit costs and legacy stress in the microfinance segment. The bank is undergoing a strategic shift, with secured lending now comprising 50% of the loan book compared to 41% a year ago. Despite a 16% contraction in the JLG portfolio, the Micro Banking Business Loan (MBBL) segment grew 80% YoY, showing resilience. Management maintains a strong capital position with a 20.1% CAR following a recent INR 950 crore rights issue.
Key Highlights
Reported a net loss of INR 375 crores for Q3 FY26 due to legacy microfinance stress and high credit costs.
Secured lending increased to 50% of the total loan book, up from 41% in the previous year.
Micro Banking Business Loan (MBBL) portfolio grew 80% YoY and 38% QoQ, now 19% of micro banking loans.
Capital Adequacy Ratio stands strong at 20.1% supported by a successful INR 950 crore rights issue in Nov-2025.
Retail Term Deposits grew 24% YoY, helping improve the CASA + RTD ratio to 82% from 70% YoY.
👀 What to Watch
Investors should exercise caution due to the current quarterly loss but monitor the bank's successful pivot toward secured assets and improved collection efficiency of 99.5%. The strong capital buffer provides a safety net while the bank targets a return to 15% ROE by FY28.
