Suryoday Small Finance Bank Ltd | IPO Details | Shweta Papriwal | IIFL Securities

The IPO of Suryoday Small Finance Bank Ltd. will open on March 17th and close on March 19th.

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Time Stamps -
00:00 - IIFL Markets | Introduction
00:04 - Suryoday Small Finance Bank Ltd IPO details
00:21 - About SSFB
00:58 - SSFB's product offerings
01:41 - Key strengths are
02:15 - Future strategy
02:40 - IPO details (opening date, closing date, price brand, issue size, fresh issue, offer for sale and lot size)

Suryoday Small Finance Bank (SSFB) is one of the leading SFBs in India in terms of net interest margins, return on assets, yields and deposit growth and had the lowest cost-to-income ratio among SFBs in India in FY20.

Prior to commencement of operations as a SFB, SSFB operated as a NBFC-MFI having begun its microfinance operations in 2009. SSFB has presence across 13 states and union territories, with customer base standing at 1.44 million as of Dec 31, 2020.

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