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utkarsh small finance bank ipo: Utkarsh Small Finance Bank IPO to open on July 12. 10 things to know about the public offer - Vimarsana News

utkarsh small finance bank ipo: Utkarsh Small Finance Bank IPO to open on July 12. 10 things to know about the public offer

Incorporated in 2016, Utkarsh commenced operations in 2017 and its product suite includes a range of deposit products, including saving accounts, salary accounts, current accounts, recurring and fixed deposits and locker facilities. It also had the second highest provision coverage ratio among SFBs in fiscal 2023. Its operations are focused in rural and semi-urban areas and as of March 2023, it had 3.59 million customers majorly located in rural and semi urban areas