Suryoday Small Finance Bank Ltd. (SSFB), Headquartered in Navi Mumbai and co-founded by Bhaskar Babu Ramachnadran was incorporated as Non-Banking Financial Institution named Suryoday Micro Finance Ltd in FY08. The NBFC-MFI was carrying out microfinance operations and operated the joint liability group-lending model for providing collateral-free, small ticket-size loans to economically active women belonging to weaker sections. Subsequently, it commenced operations as a small finance bank on January 23, 2017...