Utkarsh Small Finance Bank reported a 55% year-on-year rise in Q2 FY27 disbursements to Rs 3,525 crore, driven by strong non-JLG loan growth. Deposits increased 7%, while CASA deposits rose 14%. The bank’s CASA ratio improved to 21.5%, indicating stronger low-cost deposit mobilisation despite overall funding growth remaining moderate.
Jefferies increases weight in Reliance, 2 others; trims weight in 3 stocks in latest model portfolio changes. See list
Jefferies has boosted its investment stance on Reliance Industries, citing appealing valuations and an outlook for upgrades. Additionally, the firm has raised its stakes in