Bank - Private
|Market Cap||1,110 Cr||EPS||-2.1||High||114.2|
|Stock P/E||0.0||Net Profit Margin||NA||Low||104.6|
|Market Cap||1,110 Cr||ROE||-6.0%|
|P/B Ratio||0.7||Dividend Yield||0.0%|
|Industry P/E||24.1||Book Value||143.9|
About the Company
The bank was among the leading Small Finance Banks (SFBs) in India in terms of net interest margins, return on assets, yields and deposit growth. It has for over a decade been serving customers in the unbanked and underbanked segments in India and promoting financial inclusion. The bank commenced its microfinance operations in 2009 and has since expanded its operations across several states and union territories. Its delivery platform also includes partnering with business correspondents (BCs) for sourcing both asset and liability business and has expanded its network and presence through their reach to promote financial inclusion. It has arrangements with various payment banks in India and has been able to leverage its relationship with such payment banks to grow its deposit base. Its distribution network also comprises its ATMs, phone banking, mobile banking, tablet banking, unified payment interface, CSPs, and internet banking services.
Business area of the bank
The bank currently offers a variety of asset and liability products and services designed for inclusive finance and general banking customers. Its asset products consist of its inclusive finance portfolio (comprising loans to JLG customers), commercial vehicle loans, affordable housing loans, micro business loans, unsecured micro and small enterprise and small and medium enterprise loans, secured business loans, financial intermediary group loans and other loans. The bank has leveraged the use of technology across all aspects of its operations. In particular, it uses digital technology for customer acquisition and also customer lifecycle management. Its employees use tablets to service customers in the unbanked and underbanked segments which has led to greater customer convenience and improved operational efficiency. It also has a robust back-end operating system supported by its core banking system and document management system.
Major events and milestones
|Parent Organisation||Suryoday Small Finance Bank Ltd.||Managing Director||Baskar Babu Ramachandran|
|Company||52 Week||Market Price||P/E Ratio|
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