Suryoday Small Finance Bank Limited has announced its unaudited financial results for Q2 and H1 FY25, showcasing significant growth in several key areas, although not without some challenges. The bank reported a substantial increase in its gross advances portfolio, which rose by 35.2% year-on-year (YoY) to ₹9,360 crore in Q2 FY25. Disbursements also grew, albeit […]
Infosys said that its digital banking solutions were deployed by Suryoday Small Finance Bank (SSFB), an Indian small finance bank, for its digital transformation. As part of this, Infosys Finacle, part of EdgeVerve Systems, a fully-owned subsidiary of Infosys, helped Suryoday Small Finance Bank in implementing the Finacle Core Banking Platform and Finacle Treasury Platform. […]
Fino Payments Bank said that it has secured approval from the Reserve Bank of India (RBI) for starting referral services of fixed deposit (FD) and recurring deposit (RD) on behalf of Suryoday Small Finance Bank (SSFB). The RBI, in a letter, has given consent to Fino Payments Bank to perform referral services of term deposit […]