
Suryoday Small Finance Bank is an Indian small finance bank (SFB) that focuses on serving unbanked and underbanked segments of the population. It began its operations as a Non-Banking Financial Company (NBFC) before transitioning to a Small Finance Bank in 2017. The bank’s core focus is on providing financial services to those who have limited access to traditional banking. Suryoday SFB offers a range of banking products, including savings accounts, fixed deposits, and various loan products, with a particular emphasis on microfinance. They provide digital and personal banking services. Its primary customer base includes individuals and small businesses in rural and semi-urban areas. They have a widespread network of banking outlets across numerous Indian states and union territories. They are listed on the Indian stock exchanges. Essentially, Suryoday Small Finance Bank plays a crucial role in promoting financial inclusion in India.
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