Suryoday SFB (Suryoday) accelerated its balance sheet clean-up (ARC sale worth Rs4.92bn) and unveiled its reinvented business model in Q3FY23. Its key strategic tweaking of the business model includes: i) reducing exposure in Maharashtra, ii) focus on NTB customers rather than NTC, iii) focus on scaling Vikas loans, iv) thrust on reducing unsecured loans, v) accelerating retail deposit mobilisation, and vi) strengthening the technology platform.