Suryoday Small Finance Bank has reported marginal fall of 5% in total deposits at Rs 3,170 crore as of December 31, 2021 (Q3FY22), as compared to Rs 3,344 crore in Q3FY21. On a quarterly basis, the deposits were up 1% from Rs 3,129 crore in Q2FY22.
Gross Advances stood at Rs 4,966 crore in Q3FY22, posting a 27% rise year-on-year (YoY) against Rs 3,908 crore in Q3FY21 and 11% growth quarter-on-quarter (QoQ) basis from Rs 4,470 crore in September quarter. CASA Ratio stood at 19.2% in Q3FY22. Disbursements stood at Rs 1,121 crore as of December 31, 2021, posting a 43% rise in year-on-year (YoY) against Rs 785 crore as of December 31, 2020.
Suryoday Small Finance Bank commenced its microfinance operations in 2009 and has since expanded its operations across several states and union territories.
