Suryoday Small Finance Bank Limited — Results, 24-01-2025: Integrated Filing- Financial

Suryoday Small Finance Bank Limited has announced a board meeting to discuss its unaudited financial results for the quarter and nine months ended December 31, 2024. The results show a total income of ₹59,168 crore, an increase from the previous period, while profit before tax stands at ₹7,046 crore. The bank's capital adequacy ratio (CRAR) improved to 26.92%, attributed to new risk weight applications under RBI guidelines, compared to 24.34% without using the CGFMU Scheme. This reflects strong financial health, likely enhancing investor confidence, while effective management of non-performing assets mitigates potential risks.