Suryoday Small Finance Bank Limited — Updates, 25-10-2024: Press Release (Revised)

Suryoday Small Finance Bank reported solid growth for Q2 and H1 FY25, with gross advances and deposits rising by 35.2% and 38.6% YoY, respectively. Pre-provision operating profit increased by 34.5%, although profit after tax declined by 9.8%. The bank maintained a stable gross NPA ratio at 2.9% and improved net NPA to 0.8%. It continues to focus on digital innovation and expanding its branch network to enhance customer service.