Suryoday Small Finance Bank Limited Unlisted Shares

BOARD OF DIRECTORS

Mr. Baskar Babu Ramachandran, MD & CEO
Mr. R. Ramachandran, Non-Executive Chairperson and Independent Director
Mr. Mrutyunjay Sahoo, Independent Director
Mr. Jyotin Mehta, Independent Director
Mrs. Meena Hemchandra, Independent Director
Mr. Arun Diaz, Independent Director
Mr. Venkatesh Natarajan, Investor Director

BACKGROUND

Suryoday Small Finance Bank started as a NBFC in April 2009 and then became a NBFC-MFI in 2013, and later has been converted as a Small Finance Bank on the January 23, 2017. Among the 10 companies and the only one from Maharashtra to obtain a 'Small Finance Bank' licence from the Reserve Bank of India (RBI).
The Bank is primarily engaged in extending micro credit to economically weaker women who are otherwise unable to access nance from the mainstream banking channels. The Bank broadly follows the Grameen Model with suitable adaptations using the Joint Liability Groups (JLG) framework, where each member of the group guarantees the loan repayment of the other members of the group. The Bank has 28 fully operational bank branches as of June 2018 including conversion of 2 micro finance lending outlets into banking outlets in addition to 213 micro finance lending focused outlets. The Bank is in the process of converting existing micro finance focused outlets to banking outlets in the current financial year in addition to opening of new branches. The Bank also has onsite ATMs at almost all branches.

REGISTERED OFFICE

Unit No.1101, Sharda Terraces, Plot No.65, Sector 11, CBD Belapur, Navi Mumbai - 400 614.

FINANCIAL INFORMATION FOR LAST 3 YEARS (Rupees in Crore)

ANNUAL REPORT OF SURYODAY SMALL FINANCE BANK LIMITED

SURYODAY SMALL FINANCE BANK LIMITED ANNUAL REPORT 2020

SURYODAY SMALL FINANCE BANK LIMITED ANNUAL REPORT 2019