Suryoday SFB Approves ₹100 Cr Lower Tier II NCD Issue

Suryoday Small Finance Bank's Board of Directors has approved the issuance of up to ₹100 Crores in Non-Convertible Debentures (Lower Tier II Bonds) on a private placement basis. These debentures will be rated, listed, unsecured, subordinated, transferable, redeemable, and fully paid up. The issuance aims to raise capital and comply with Basel II framework on Capital Adequacy. The meeting was held on October 22, 2026.