Suryoday - ‘Sunrise’ in Sanskrit, signifies a new dawn, a new beginning and this encompasses our strong commitment to financial inclusion. In the past, as Suryoday Micro Finance and now as Suryoday Small Finance Bank.
Our journey from Micro Finance to a Small Finance Bank took just eight years. Today over a million ‘smiling customers’ stand testimony to our belief that ‘no matter what, dreams, when enabled will transform mankind and create a whole new world around’.
We are among the 10 companies and the only one from Maharashtra to obtain a ’Small Finance Bank’ licence from the Reserve Bank of India (RBI). Our net worth as of March 2017 is Rs. 505 Crore (provisional) with an Asset Book size of Rs. 964 Crore, Our Capital Adequacy ratio of 53%. and credit ratings A- / A1 by CARE as on date gives credence to our prudent and professional financial management practices.
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