Suryoday Small Finance Bank’s total deposits rose 18% to Rs 3,850 crore as of March 31, 2022 (Q4FY22), as compared to Rs 3,256 crore on a yearly basis. On a quarterly basis, the deposits were up 21% from Rs 3,170 crore as of December 2021. Gross Advances stood at Rs 5,072 crore as of March 31, 2022, posting a 21% rise in year-on-year (YoY) against Rs 4,206 crore as of March 31, 2021 and 4% growth in quarter-on-quarter (QoQ) basis from Rs 4,872.3 crore in December 2021. CASA Ratio stood at 20.2% as of March 31, 2022 versus 19.2% as of December 31, 2021.
Suryoday Small Finance Bank commenced its microfinance operations in 2009 and has since expanded its operations across several states and union territories.
