Announced Tue, 14 Jul · 19:33 IST
CARE downgrades sub-debt rating from A to A- on weak profits and asset quality
UTKARSHBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹15.00
prior close
₹14.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+1.1+0.9+0.1-0.3-0.4-0.2-0.7-3.7-4.2————
Up moveDown movePending
AI summary
CARE Ratings has downgraded Utkarsh Small Finance Bank's Rs 200 crore subordinated debt rating from CARE A with Negative outlook to CARE A- with Stable outlook. The downgrade reflects weakening of the bank's profitability profile and asset quality stress, based on financial performance as on March 31, 2026.
Likely market impact
Negative signal on the bank's financial health. May raise future borrowing costs and weigh on investor sentiment in the stock.