British International Investment

Utkarsh Small Finance Bank

IndiaSouth AsiaFinancial services

Based in Uttar Pradesh, Utkarsh is a small finance bank which provides financial services to the under-served low-income rural and urban population in north and east India.

It started operating back in September 2009, and provides group loans, micro, small and medium enterprise (MSME) loans, housing loans and savings accounts to the unbanked population.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $10.61m Financial services December 2014 Active
Investment 02 $22.09m Financial services January 2017 Exited
Investment 03 $3.28m Financial services November 2017 Active

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