Utkarsh Small Finance Bank Limited — Bonds & A- (CARE) Rating
Bank · Financial Services
Verify this issuer →Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 3 Nov 2026 Debt securities notice Utilization of issue proceeds of Non Convertible Debentures
- 23 Oct 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
- 28 Sep 2026 Interest payment notice Certificate of Interest Payment of Debentures bearing ISIN: INE735W08053
- 25 Sep 2026 Debt securities notice Allotment of Non Convertible Debentures
- 13 Aug 2026 Interest payment notice Interest Payment and full redemption amount of ISIN: INE735W08038
- Current ratings ICRA A, CARE A+, CARE A-
- Rating range Current ratings range from A- (CARE 30 Sep 2026) to A+ (CARE 31 Dec 2024)
- Rating direction, 12 months No rating actions on file
- Watch / negative outlook None in 12 months
- Issuer not cooperating No such actions in 12 months
- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
- Newest agency rating Dated 30 Sep 2026
- Payment record No payment disclosures since 17 Jul 2026
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 2 of 4 active bonds had an exchange trade
- Exchange filings, 90 days 26 filings on NSE/BSE
A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.
- 4 active bonds tracked from this issuer.
- 0 of 4 tracked bonds with a stated security status are secured. (based on 4 bonds with a disclosed security status)
Operating in the Financial Services sector, Utkarsh Small Finance Bank Limited is classified as a bank or financial institution. Bond coupons here span 10.90% - 12.50%, paid quarterly. The maturity ladder spans 2027 - 2033.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
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Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (2 bonds).
Security Type / Instrument Mix
- NCD 4 bonds · 100% · ₹800 Cr tracked
Funding Evolution
Based on 4 of 4 active bonds with a known issue date and issue size.
- A 4 bonds · 100%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CARE | A+ | — | 1 |
| CARE | A- | — | 1 |
| ICRA | A | — | 1 |
| ICRA | A+ | — | 1 |
Recent Rating Actions
No rating action history available.
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE735W08038 | Utkarsh Small Finance Bank 12.50% Jun 2027 NCD | 12.50% | A (ICRA) | 2027-06-26 | — | — | |
| INE735W08053 | Utkarsh Small Finance Bank 11.00% Jun 2031 NCD | 11.00% | A+ (ICRA, NSDL record 2024) | 2031-06-28 | 10.79% | 2026-11-05 | |
| INE735W08061 | Utkarsh Small Finance Bank 10.90% Nov 2031 NCD | 10.90% | A+ (CARE) | 2031-11-27 | — | — | |
| INE735W08079 | Utkarsh Small Finance Bank 11.75% Sep 2033 NCD | 11.75% | A- (CARE) | 2033-09-25 | — | 2026-11-06 |
YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.
Last 30 days, across all outstanding bonds from this issuer.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 4 | 2026-09-30 |
| Rating Actions History | 0 | — |
| Secondary-Market Trades | 69 | 2026-11-06 |
| Reg52(4) Payment Disclosures | 0 | — |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does Utkarsh Small Finance Bank Limited have?
Utkarsh Small Finance Bank Limited currently has 4 active bonds with coupons of 10.90% - 12.50%, maturities spanning 2027 - 2033.
What is Utkarsh Small Finance Bank Limited's credit rating?
The most common current rating on Utkarsh Small Finance Bank Limited's senior bonds is A- (CARE). Ratings on file come from CARE, ICRA.
Are Utkarsh Small Finance Bank Limited's bonds secured?
Of the 4 bonds with a disclosed security status, 0 are secured (0%) and 4 are unsecured.
When do Utkarsh Small Finance Bank Limited's bonds mature?
Utkarsh Small Finance Bank Limited's active bonds mature between 2027 - 2033; the nearest matures in Jun 2027; the average tenure is 4.3 Yrs.
What is the average coupon on Utkarsh Small Finance Bank Limited's bonds?
The average coupon across Utkarsh Small Finance Bank Limited's 4 active bonds is 11.54%.
Disclaimer: This page aggregates publicly available data about Utkarsh Small Finance Bank Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.