Utkarsh Small Finance Bank IPO

1. Sound understanding of microfinance segment and presence in rural and semi-urban areas  
2. Growing deposits with a focus on retail deposits
3. Diversified distribution network with significant cross-selling opportunities
The bank had 686 Banking Outlets across 22 States and Union Territories covering 224 districts in India of which 434 Banking Outlets were located in rural and semi-urban areas (combined)
4. Stable growth with cost-efficient operational performance
 

1. The Bank is subject to stringent regulatory requirements and prudential norms of RBI and its inability to comply with such laws, regulations, and norms may have an adverse effect on the business, results of operations, financial condition, and cash flows. 
2. The bank is currently significantly dependent on its micro banking segment, particularly joint liability group (“JLG”) loans, and any adverse developments in this segment could adversely affect the business, results of operations, financial condition, and cash flows.
3. The Bank’s business is vulnerable to interest rate risk, and any volatility in interest rates or inability to manage interest rate risk could adversely affect the Net Interest Margins, income from treasury operations, business, financial condition, results of operations, and cash flows.