Last Updated on
Suryoday Small Finance Bank is a new age bank that went live on 23 January 2017. In the past, it was known as Suryoday Micro Finance. It is among the 10 companies and the only one from Maharashtra to obtain a ’Small Finance Bank’ licence from the Reserve Bank of India (RBI). The bank has high profile institutional investors and private equity investors including ASK, HDFC, IDFC Bank, IFC, Lok Capital, Gaja Capital and TVS Shriram.
For buying shares of Suryoday Small Finance Bank or any other companies, please call on 8108303330
Net worth as of March 2017 is Rs. 505 Crore (provisional) with an Asset Book size of Rs. 964 Crore, Capital Adequacy ratio of 53%. and credit ratings A- / A1 by CARE as on date gives credence to prudent and professional financial management practices.
The bank’s endeavour is to bring the best banking solutions to the ‘banked’, ‘under-banked’ and the ‘un-banked’ sections of the society. The bank offers existing credit products suite of MFI loans, Vikas Loans, Shopkeeper Loans etc. to new and current customers. Offer digital banking as the key account differentiator to customers using the extensive seeding of Aadhar biometric identification system, NPCI’s payment systems and mobile technologies whilst continuing to explore banking through traditional channels. Focus on the unserved and the underserved through innovative banking practices.