Utkarsh Small Finance Bank Limited announced the outcome of its Board Meeting held on November 14, 2025, which considered and approved several key items: * Financial Results: The Unaudited Financial Results for the quarter and half year ended September 30, 2025, were approved. * The Bank reported a Net Loss of ₹34,846.47 lakhs for the quarter ended September 30, 2025. * For the half year ended September 30, 2025, the Net Loss stood at ₹58,794.52 lakhs. * Gross Non-Performing Assets (NPA) were 12.42% and Net NPA was 5.02% as of September 30, 2025. * The Capital Adequacy Ratio (CRAR) was 17.21% as of September 30, 2025. * Key Management Appointment: Mr. Virender Sharma was appointed as the Head-Micro Banking, effective November 14, 2025. He brings over 25 years of experience in Rural Banking, Institutional Finance, and Retail Financial Services. * Employee Stock Options: The Board approved the grant of 3,10,00,000 stock options to eligible employees under the USFBL Employee Stock Option Plan 2020. Each option carries the right to apply for one equity share of ₹10 each at an exercise price of ₹14 per option. These options will vest 25% annually over four years. * Rights Issue Allotment: The Bank completed the allotment of 67,79,13,784 fully paid-up Equity Shares at a price of ₹14 per share (including a premium of ₹4 per share), aggregating to ₹94,907.93 lakhs, on November 05, 2025. This increased the Bank's issued and paid-up capital to ₹1,77,952.36 lakhs as of November 05, 2025.
