In recent years, the concept of small finance banks has emerged as a game-changer in driving financial inclusion and empowering the unbanked and underserved population.

Utkarsh Small Finance Bank stands as a shining example of a financial institution that is committed to fostering inclusive growth and helping individuals and communities achieve their financial goals.

The Genesis of Utkarsh Small Finance Bank:

Utkarsh Small Finance Bank is the outcome of Utkarsh Micro Finance Limited, which started as a microfinance institution back in 2009.

Founded by Mr. Govind Singh, the institution aimed to provide financial services to the economically marginalized sections of society, particularly in rural and semi-urban areas.

Transformation into a Small Finance Bank:

In 2016, Utkarsh Micro Finance Limited received the small finance bank license from the Reserve Bank of India (RBI).

This pivotal moment allowed Utkarsh to expand its operations and offer a broader range of financial products and services to its customers.