Suryoday Small Finance Bank Limited is a small finance bank in India that offers a range of banking and financial services to its customers. The bank was established in 2008 as a microfinance institution and later converted to a small finance bank in 2018.
Products: Suryoday Small Finance Bank offers a wide range of products and services including savings accounts, current accounts, fixed deposits, loan products (such as personal loans, home loans, and business loans), insurance products, and digital banking services.
Industry: Suryoday Small Finance Bank operates in the banking and financial services industry in India. The bank primarily serves the unbanked and underserved segments of the population, including low-income households and micro and small businesses.
Future: The future of Suryoday Small Finance Bank looks promising given the growth opportunities in the small finance banking sector in India. With the increasing need for financial inclusion and the growth of the micro and small businesses, the bank is well-positioned to capitalize on these opportunities.
Revenue and Profit: For quarter ended 31/12/22, the company has reported a Standalone Income of Rs 317.40 Cr, up 3.83% from last quarter Total Income of Rs 305.70 Crore and up 16.17% from last yr same quarter.