Suryoday Small Finance Bank Ltd. News and Updates

Name: Latest research reports of Suryoday Small Finance Bank Ltd. authored by Angel Broking and published by - Trendlyne research reports.
Item: Suryoday Small Finance Bank Ltd.
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Author: Angel Broking

Keep track of all breaking news on Suryoday Small Finance Bank Ltd. from all sources in a single place.

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Suryoday Small Finance Bank Ltd.

29 Sep 2021

133.11

-0.58%

Suryoday SFB to discontinue ATMs from October 1

Business Line

Customers can use debit cards at other ATMs

Suryoday Small Finance Bank Ltd. has lost -26.41% in the last 1 Year

Suryoday Small Finance Bank Ltd.

15 Sep 2021

133.11

-0.58%

What symptoms do merger talks between Clix and Suryoday SFB represent?

Business Standard

The guidelines for on-tap SFB licences have it that an applicant not found suitable for a licence will not be eligible to apply again for three years

Suryoday Small Finance Bank Ltd. has lost -26.41% in the last 1 Year

Suryoday SFB issues clarification on reports of merger talks

livemint | 14 Sep 2021

Suryoday Small Finance Bank Ltd.

13 Sep 2021

133.11

-0.58%

Merger buzz with Clix Capital gives wings to Suryoday SFB; stock zooms 20%

Business Standard

Clix Capital Services, a digital-lending shadow bank, is in merger talks with Suryoday SFB

Suryoday Small Finance Bank Ltd. has lost -26.41% in the last 1 Year

Clix Capital, Suryoday SFB in merger talks; deal in advanced stage

Business Standard | 13 Sep 2021

Suryoday Small Finance Bank Ltd.

02 Jun 2021

133.11

-0.58%

Suryoday corrected a lot post listing Is it time to buy?

Moneycontrol

Suryoday SFB is a business which is going through challenges and would revive once the COVID dust settles. We recommend that investors with moderate risk appetite should gradually start adding the stock for the long term

Suryoday Small Finance Bank Ltd. has gained 29.27% in the last 6 Months

Suryoday Small Finance Bank Ltd.

27 May 2021

133.11

-0.58%

Suryoday Small Finance Bank reports 89% dip in profit to Rs 12 cr in FY21

Business Standard

Suryoday Small Finance Bank (SFB) on Thursday reported an 89 per cent decline in its net profit to nearly Rs 12 crore for the financial year ended March 2021. The bank, which was listed on the bourses in late-March 2021, had reported a net profit of Rs 110.94 crore in the previous year, the bank said in a regulatory filing. It reported widening of its net loss to Rs 43 crore in the March 2021 quarter, compared with Rs 15.5 crore a year ago. "Profit after tax (PAT) fell 89 per cent year-on-year for FY21 to Rs 11.9 crore compared to FY20. "The lower profitability is due to additional provisioning on increased NPA (non-performing assets) and additional floating provision of 1.5 per cent amounting to Rs 37.5 crore on inclusive finance portfolio due to uncertainty related to second wave of COVID-19, and lower disbursement during FY21," Suryoday SFB said. Disbursements during the year saw a growth of 28 per cent year-on-year to Rs 2,217 crore, predominantly due to uncertainty relating t

Suryoday Small Finance Bank Ltd. has lost -26.41% in the last 1 Year

Suryoday Small Finance Bank Ltd.

26 Mar 2021

133.11

-0.58%

Kalyan Jewellers makes dull listing, stock slips 13.45%

Business Line

Suryoday SFB ends 9.44% lower on Day 1

Suryoday Small Finance Bank Ltd. has gained 29.27% in the last 6 Months

Suryoday Small Finance Bank Ltd.

17 Mar 2021

133.11

-0.58%

Suryoday Small Finance Bank public issue subscribed 12% on first day of bidding

Moneycontrol

Suryoday SFB has posted strong growth in net interest income of 72.1 percent CAGR between FY18-20 though numbers for the nine months perio ended December 2020 were adversely impacted due to the COVID-19 pandemic.

Suryoday Small Finance Bank Ltd. has gained 29.27% in the last 6 Months

Suryoday Small Finance Bank Ltd.

17 Mar 2021

133.11

-0.58%

Suryoday Small Finance Bank

IPO Subscribe: Suryoday Small Finance Ban...

Angel Broking

Suryoday Small Finance Bank is among the leading SFBs in India in terms of net interest margins, return on assets, yields and deposit growth and had the lowest cost-to-income ratio among SFBs in India in Fiscal 2020. Company has over a decade experience in serving customers in the unbanked and under-banked segments in India and

Suryoday Small Finance Bank Ltd. has gained 29.27% in the last 6 Months

Suryoday Small Finance Bank Ltd.

16 Mar 2021

133.11

-0.58%

Suryoday Small Finance Bank Limited IPO Note 16032021

IPO Note: Suryoday Small Finance Ban...

HDFC Securities

Suryoday Small Finance Bank Limited IPO Note Issue Open: Mar 17 Mar 19, 2021 Price Band: Rs. 303 305 (Rs.30 discount for eligible employees) *Issue Size: 19,093,070 eq shares (Fresh issue 8,150,000 + Offer for sale of 10,943,070 eq sh) *Issue Size: Rs. 578.52 582.34 cr

Suryoday Small Finance Bank Ltd. has gained 29.27% in the last 6 Months

Suryoday Small Finance Bank Ltd.

15 Mar 2021

133.11

-0.58%

Suryoday Small Finance Bank- IPO

IPO Note: Suryoday Small Finance Ban...

ICICI Securities Limited

Gross loan portfolio has grown at a CAGR of 46.98% from | 1717.7 crore in FY18 to | 3710.8 crore as of FY20 and was | 3902.8 crore as of Q3FY21. NII has increased at 72% CAGR from | 165.8 crore in FY18 to | 490.9 crore in FY20 and was at | 353.2 crore in 9MFY21. PAT has increased at 212% CAGR from | 11.4 crore in FY18 to | 111.1 crore FY20 and was at | 54.8 crore in 9MFY21. The cost-to-income ratio has reduced from 64.44% in FY18 to 47.05% in FY20 and was 55.39% in 9MFY21. Well diversified asset portfolio augments well...

Suryoday Small Finance Bank Ltd. is trading above all available SMAs

VOTE: Is Suryoday Small Finance Bank Ltd. worth buying?

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Buy 83.72%

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Suryoday Small Finance Bank Ltd. News and Updates

Keep track of all breaking news on Suryoday Small Finance Bank Ltd. from all sources in a single place.