Utkarsh Small Finance Bank Limited has informed the Exchange about Credit Rating
UTKARSHBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CARE Ratings has reaffirmed the credit rating of CARE A+ on Utkarsh Small Finance Bank's Tier II Bonds (₹15 crore and ₹200 crore) but revised the outlook from Stable to Negative. CARE cited persistent stress in the bank's microfinance portfolio, which weakened asset quality and profitability in FY25 and is expected to continue in H1FY26. The rating itself has not been downgraded, but the negative outlook signals possible future downgrade if conditions do not improve. The detailed rationale has been published on CARE Ratings' website and the bank's website.
Negative outlook revision may create near-term pressure on the stock and signal investor concern over microfinance asset quality. While the rating is still investment grade, shareholders should monitor the bank's microfinance portfolio performance and any further rating actions in the coming quarters.