Suryoday Small Finance Bank Limited — Others, 20-08-2025: Shareholders meeting
20-08-2025 | 09:39 pm
20-08-2025 | 09:39 pm
Suryoday Small Finance Bank will hold its 17th Annual General Meeting on September 11. Shareholders will vote on re-appointing key directors and auditors, including Mr. Baskar Babu Ramachandran as MD & CEO for another three years with revised remuneration (fixed at ₹2.25 Cr annually). The bank's FY25 results show strong growth, with total assets reaching ₹15,614 Cr, deposits hitting ₹10,580 Cr, and gross advances at ₹10,251 Cr. While net profit was ₹115 Cr, the bank recorded a 7.2% GNPA, though ₹460 Cr is recoverable under the CGFMU scheme. The bank is focused on achieving 55% secured lending for lower-risk growth.
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