Tag: JLG loans
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Utkarsh Small Finance Bank focuses on secured lending as JLG exposure falls
Q2 review signals a strategic pivot toward secured lending Utkarsh Small Finance Bank (SFB) disclosed a mixed yet strategically revealing performance for the September quarter. While the overall loan book contracted modestly, the lender’s approach to risk and funding appeared to be shifting in favor of secured lending and more stable deposit bases. The quarterly…
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Utkarsh Small Finance Bank reduces exposure to JLG loans as retail deposits rise in Q2 FY2024-25
Utkarsh Small Finance Bank tightens focus on secured lending while growing deposits Utkarsh Small Finance Bank (USFB) reported a mixed September quarter, showing a deliberate pivot away from high-risk microfinance exposure toward more secured lending, even as overall loan growth slowed. The bank’s quarterly results underscore a strategy to de-risk its portfolio by reducing Joint…