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Quarterly Updates3 Jul 2026, 03:35 pm

Suryoday SFB: Q1 FY27 Gross Advances Up 32.5% YoY to ₹14,374 Cr

AI Summary

Suryoday Small Finance Bank Ltd has reported its provisional financial and operational data for the quarter ended June 30, 2026. Gross Advances grew by a significant 32.5% year-on-year to ₹14,374 crore. Total Deposits also saw a healthy increase of 29.4% YoY to ₹14,634 crore, with retail deposits growing by 38.5% YoY. CASA deposits surged by 53.4% YoY to ₹3,072 crore, contributing 21.0% to total deposits. Disbursement for the quarter was ₹2,954 crore, a 30.6% YoY increase. The bank continues to manage risk prudently, with approximately 98% of its Inclusive Finance portfolio covered under the CGFMU Scheme. GNPA stood at 6.6%, with provisions covering a substantial portion.

Key Highlights

  • Gross Advances grew 32.5% YoY to ₹14,374 crore.
  • Total Deposits increased 29.4% YoY to ₹14,634 crore.
  • CASA deposits surged 53.4% YoY to ₹3,072 crore.
  • GNPA at 6.6% with significant provisioning.
  • Inclusive Finance portfolio largely covered by CGFMU.