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Utkarsh Small Finance Bank Announces Financial Results and Auditor Appointments

Story Highlights
  • Utkarsh Small Finance Bank approved its financial results for the year ending March 31, 2025.
  • The bank appointed new auditors and changed its accounting policy on loan processing fees.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Utkarsh Small Finance Bank Announces Financial Results and Auditor Appointments

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The latest update is out from Utkarsh Small Finance Bank Limited ( (IN:UTKARSHBNK) ).

Utkarsh Small Finance Bank Limited announced the outcomes of its Board Meeting held on May 3, 2025, where the Board approved the financial results for the fourth quarter and financial year ending March 31, 2025, with an unmodified opinion from its auditors. Additionally, the Board approved a change in accounting policy regarding loan processing fees, and appointed new auditors, including M/s BNP & Associates as Secretarial Auditor and M/s M. M. Nissim & Co, LLP, and M/s KKC & Associates LLP as Joint Statutory Auditors, subject to shareholder and RBI approval.

More about Utkarsh Small Finance Bank Limited

Utkarsh Small Finance Bank Limited operates in the financial services industry, providing a range of banking products and services. The bank primarily focuses on small finance and aims to cater to the financial needs of underserved and unbanked segments of the market.

YTD Price Performance: -28.05%

Average Trading Volume: 300,740

Current Market Cap: 27.26B INR

See more data about UTKARSHBNK stock on TipRanks’ Stock Analysis page.

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