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Suryoday Small Finance Bank Ltd. (India)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Suryoday Small Finance Bank Ltd. Profile Updated: October 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Suryoday Small Finance Bank Ltd., located in Navi Mumbai, is a new age bank that was incorporated on January 23rd, 2017. It started as Suryoday Micro Finance and later transformed into a Small Finance Bank. The bank aims to provide the best banking solutions to the banked, under-banked, and unbanked sections of society. They offer a range of credit products such as MFI loans, Vikas Loans, and Shopkeeper Loans. Additionally, they focus on digital banking and utilize technologies like Aadhar biometric identification system and NPCI's payment systems. The bank also aims to reach the unserved and underserved population through innovative banking practices and expand their presence in states where they currently don't have a presence.

Legal Address
Unit No.1101, Sharda Terraces,, Plot No 65, Sector 11, CBD Belapur
Navi Mumbai; Maharashtra; Postal Code: 400614

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Website: http://www.suryodaybank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 10, 2008
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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38.84%
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27.35%
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22.3%
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6.86%
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3.5%
Company Performance
Financial values in the chart are available after Suryoday Small Finance Bank Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net interest income
28.89%
Operating profit (EBIT)
185.11%
Net Profit (Loss) for the Period
177.97%
Total assets
25.52%
Total equity
13.9%
Total Assets Trend
4.97%
Net Interest Income Trend
1.15%
Loans to Deposits Ratio
-6.93%
Loans to Asset Ratio
4.26%

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