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Suryoday Small Finance Bank’s deposits marginally fall in Q2FY22

12 Oct 2021 Evaluate

Suryoday Small Finance Bank’s total deposits marginally fall 0.3% to Rs 3,129 crore as of September 30, 2021 (Q2FY22), as compared to Rs 3,140 crore on a yearly basis. On a quarterly basis, the deposits were down 5.7% from Rs 3,317 crore as of June 2021. Gross Advances stood at Rs 4,471 crore as of September 30, 2021, posting a 19.6% rise in year-on-year (YoY) against Rs 3,737 crore as of September 30, 2020 and 11.7% growth in quarter-on-quarter (QoQ) basis from Rs 4,004 crore in June 2021.

CASA Ratio stood at 18.49% as of September 30, 2021 versus 16.17% as of June 30, 2021.

Suryoday Small Finance Bank commenced its microfinance operations in 2009 and has since expanded its operations across several states and union territories.

Peers
Company Name CMP
HDFC Bank 734.55
ICICI Bank 1324.70
Axis Bank 1216.15
Kotak Mahindra Bank 402.00
Indusind Bank 908.50
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