பாபு ராமச்சந்திரன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from பாபு ராமச்சந்திரன். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In பாபு ராமச்சந்திரன் Today - Breaking & Trending Today

Suryoday SFB IPO opens on Mar 17; bank has grown higher than industry, growth momentum to continue


In an exclusive interview with ET NOW, Baskar Babu Ramachandran, MD & CEO, Suryoday Small Finance Bank said,  The IPO size is about Rs 580 crore and of which Rs 250 crore is towards the primary issuance and the rest is an offer for sale. The funds via offer for sale will not come to the bank. The bank is well capitalized as of now and one of the reason to raise funds via IPO is to comply with the regulatory norm that Small Finance Bank (SFB) has to get listed within 3 years of reaching a Rs 500 crore networth threshold.
Ramachandran added, The bank has grown at a cagr of 47% in the last 3 years which is higher than the industry growth rate and believes that the growth momentum will continue. Focus would remain to serve the underserved segment which is to lend to the aspirational low income households, unsecured low income loans also known as microloans. ....

Baskar Babu Ramachandran , Small Finance Bank , Au Small Finance Bank , Suryoday Small Finance Bank , Babu Ramachandran , Ujjivan Small Finance , Suryoday Sfb Ipo , March 17 , பாஸ்கர் பாபு ராமச்சந்திரன் , சிறிய நிதி வங்கி , ஆ சிறிய நிதி வங்கி , சூரியோதாய் சிறிய நிதி வங்கி , பாபு ராமச்சந்திரன் , உஜ்ஜீவன் சிறிய நிதி , சூரியோதாய் ஸ்ப்ப் இப்போ ,