Utkarsh Small Finance Bank Limited (Utkarsh SFBL) has strengthened its national presence with the launch of its first branch in Gangtok, Sikkim. This marks a significant milestone for the bank, which now boasts a network of 1043 outlets across India. The expansion into Sikkim underscores Utkarsh SFBL’s commitment to financial inclusion and its strategic focus on reaching underserved markets.
Gangtok presents a unique opportunity for Utkarsh SFBL. With a growing tourism sector and a burgeoning local economy, the demand for accessible financial services is on the rise. The bank’s entry is expected to cater to the evolving needs of individuals and businesses in the region. By offering a comprehensive range of products, including savings accounts, loans for businesses and housing, and digital banking solutions, Utkarsh SFBL aims to empower the local community and contribute to the region’s economic growth.
Mr. Govind Singh, MD & CEO of Utkarsh SFBL, expressed his enthusiasm for this expansion, stating, “We are delighted to bring our services to Sikkim and contribute to the financial well-being of its people.” He further emphasized the bank’s commitment to providing customer-centric solutions and leveraging technology to enhance the banking experience for its customers in Gangtok and beyond.
