SURYODAY

Suryoday Small Finance Bank Ltd was incorporated in 2008 and began operating as a Small Finance Bank in 2017 after transitioning from Suryoday Microfinance, a non-banking financial company and microfinance institution. The bank provides scheduled commercial banking services primarily targeting unbanked and underbanked customers in India. It operates across 15 states and Union Territories, including Maharashtra, Tamil Nadu, and Karnataka, through 712 banking outlets. The company's business segments include small finance bank services, microfinance (inclusive finance), and secured retail assets. Historically rooted in microfinance, Suryoday Small Finance Bank is expanding its portfolio to include secured retail lending. It operates within the banking, microfinance, and financial services industries.