Suryoday Small Finance Bank Unlisted Shares
Suryoday Small Finance Bank is a new age bank that went live on January 23rd 2017. Their endeavour is to bring the best banking solutions to the 'banked', 'under-banked' and the 'un-banked' sections of the society. Their power packed solutions are designed to offer the choicest of benefits to suit different financial needs. As always, their focus will continue to be on ensuring the best in class 'Customer Experience'.
Suryoday Small Finance Bank 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).
Services of Suryoday Small Finance Bank:
> offer their 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 and continue to expand reach in states where they currently don't have a presence
Agency Category Rating
ICRA NCD/Sub-Debt A(Stable)
ICRA CD Rating A1+
CRISIL CD Rating A1+
|Name||Suryoday Small Finance Bank Unlisted Shares|
|Face Value||10 Rs|
Figures in Crores unless specifically mentioned
|Gross NPA (%)||1.81%||2.79%|
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