Suryoday Small Finance Bank - IPO Review: ICICI Direct
A customer counts Indian one-hundred rupee banknotes in India. (Photographer: Dhiraj Singh/Bloomberg)

Suryoday Small Finance Bank - IPO Review: ICICI Direct


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ICICI Direct Report

Suryoday Small Finance Bank Ltd. is among the leading small finance banks in India and has been serving customers in the unbanked, underbanked segments.

The company started operations as an SFB in January 2017.

It has operations across 13 states and union territories. As of December 31, 2020, the customer base was 14.4 lakh.

Suryoday SFB operates via 554 banking outlets and has 4,770 employees.

The company has set up 661 customer service points as additional service or touch points and intends to continue to expand its reach through the CSP model.

Click on the attachment to read the full report:

ICICI Direct Suryoday Small Finance Bank IPO Review.pdf


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.

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