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August 1, 2023
Suryoday Bank is a small finance bank. Typically, it offers competitive interest rates for depositors. Consequently, depositors get attracted to it in droves a
March 13, 2023
Under this new account, women can earn up to 7% interest rate per annum with monthly interest credit coupled with a specially designed RuPay Platinum Debit Card which offers discounts on shopping and online purchases and many more.
May 27, 2021
Suryoday Small Finance Bank Q4 net loss widens to ₹43 crore May 27, 2021 R Baskar Babu, CEO, Suryoday Small Finance Bank - Businessline× Interest reversal on gross NPAs and higher one-time floating provision are among the reasons for the loss Suryoday Small Finance Bank’s (SSFB) net loss widened to ₹43 crore in the fourth quarter ended March 31, 2021 against ₹15.5 crore in the year ago period. Interest reversal on account of gross non-performing assets (GNPAs) and higher one-ti...
May 17, 2021
The degrees were awarded to a total of 462 students of the MBA programme, MBAEx programme- 61 students, PGPEX VLM programme- 36 students, Post Graduate Diploma in Business Analytics (PGDBA)- 57 students, PhD degrees- 14 students
May 15, 2021
Share Kolkata: Indian Institute of Management Calcutta conducted its Annual Convocation 2021 over a virtual ceremony today. The landmark event was graced by the IIM Calcutta alumnus and Chief Economic Advisor to Govt. of India, Dr Krishnamurthy Subramanian as the Chief Guest along with Shri Shrikrishna Kulkarni, Chairperson – Board of Governors, IIM Calcutta and Dr.Subir Bhattacharya, Director-in-charge, IIM Calcutta. 462 students of the 56th batch of the 2-year flagship MBA programme were aw...
April 2, 2021
Adding Spice To Leadership Baskar Babu, who learnt the basics of cooking from his mother, started experimenting with food early in life. He finds cooking therapeutic Baskar Babu, Managing Director and CEO of Suryoday Small Finance Bank Baskar Babu, Managing Director and CEO of Suryoday Small Finance Bank believes in the idea of Servant Leadership (where the goal of the leader is to serve). Over the years, he has figured out a very palatable way of demonstrating this to his staff - by cooking fo...
March 17, 2021
Suryoday Small Finance Bank has a presence in 12 states and union territories across the country Suryoday Small Finance Banks Rs 582.33-crore initial public offering (IPO) opens for bidding today i.e. March 17. The company has fixed a price band at Rs 303-305 per share and plans to raise Rs 582.34 crore at the higher end of the price band. The offer will close on March 19. The shares are likely to be listed on BSE and NSE on March 30. Suryoday Small Finance Banks initial public offer comprises ...
March 16, 2021
Keerthi Sanagasetti BL Research Bureau | Updated on March 16, 2021 × The bank is valued at 1.96 times its book value per share as on December 31, 2020 Investors with a high risk appetite and a long-term perspective can consider subscribing to the Suryoday Small Finance Bank IPO. The bank’s high exposure to the micro-finance segment (about 70 per cent of loan book) and its proformagross NPA of 9.8 per cent as of December 2020 is a concern. But comfortable capital adequacy (even before the IP...
February 15, 2021
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December 29, 2020
Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO The IPO will comprise of a fresh issue of 1,15,95,000 shares and an offer for sale of up to 84,66,796 shares by the existing shareholders, according to draft papers filed with SEBI Updated: December 29, 2020 1:30 pm IST he small lenders shares are likely to be listed on both, the BSE Sensex and NSE Nifty Suryoday Small Finance Bank has received the go-ahead from the market...