Suryoday Small Finance Bank

Suryoday Small Finance Bank

Suryoday Small Finance Bank is a registered Non-Banking Finance Company. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
INR2020202120222023202420252026
Revenues5.8b5.1b6.8b8.4b11.8b15.3b19.1b
% growth-(12 %)33 %24 %40 %29 %25 %
Profit1.1b119m(930m)777m2.2b2.6b3.6b
% profit margin19 %2 %(14 %)9 %18 %17 %19 %
EV / revenue-5.7x1.4x1.2x1.4x1.3x1.1x
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DateInvestorsAmountRound
-

N/A

-
N/A

N/A

Early VC

$4.5m

Early VC
N/A

$15.0m

Early VC
N/A

INR1.6b

Early VC

$36.0m

Late VC
*

$8.2m

Private Placement VC
N/A

N/A

IPO
Total Funding$85.4m

Recent News about Suryoday Small Finance Bank

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Suryoday Small Finance Bank operates in the Indian financial sector, primarily serving individuals and small businesses. The bank offers a range of financial products including savings accounts, fixed deposits, and loans. It focuses on providing high-interest rates on deposits and personalized banking services to its clients. The bank's business model revolves around attracting deposits from customers and lending to small businesses and individuals, thereby generating interest income. Suryoday Small Finance Bank aims to promote financial inclusion by catering to underserved segments of the population. The bank generates revenue through interest on loans, fees for banking services, and other financial products. Key clients include women, small business owners, and low-income individuals. The bank operates in a competitive market with a focus on customer-centric services and innovative financial solutions.

Keywords: financial inclusion, high-interest deposits, personalized banking, small business loans, savings accounts, fixed deposits, underserved segments, interest income, customer-centric, innovative solutions.

Tech stack

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