ALPHA TRIBE

Suryoday Small Finance Bank LimitedUpdates, 08-05-2025: Press Release

08-05-2025 | 09:40 pm

Suryoday Small Finance Bank has announced a board meeting on the financial results for the quarter and half-year. Gross advances rose 18.5% YoY to ₹10,251 Cr, and deposits grew 36% to ₹10,580 Cr. Pre-provision operating profit dropped 63.7% QoQ to ₹46.6 Cr, with a PAT loss of ₹33.8 Cr due to a rise in GNPA to 7.2%, mainly from stress in microfinance. Retail segments like mortgages and wheels now account for over half of advances. The bank is prioritizing MSME growth and digital deposit expansion.

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