BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
KRChoksey Report
Formerly recognised Suryoday Micro Finance Ltd., incorporated on November 10, 2008, at Chennai, Tamil Nadu.
Currently headquartered at Navi Mumbai, Maharashtra, Suryoday Small Finance Bank Ltd. started its operations on January 23, 2017, after the RBI’s approval.
As of December 2020, the bank operates through its 554 banking outlets spread across India’s 13 States and Union Territories; mainly concentrated in Maharashtra, Tamil Nadu and Odisha.
As of December 2020, the microfinance book stood at ~70% of the gross Loan Portfolio.
Besides, it offers diverse asset products of commercial vehicle loans, affordable home loans, micro business loans, secured and unsecured business loans to MSME/SME and corporates and Financial Intermediary Groups loans.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.