Suryoday Small Finance Bank Q4 FY 24 Pre Results Quarterly Update
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Key Business Highlights: Deposits and Advances:
Management Commentary
- The Bank has witnessed robust growth in all performance parameters, both sequentially as well as on Y-on-Y basis.
- The disbursements in FY’24 stood at over ? 6,900 crores as compared to ? 5,083 crores in FY23 (Y-on-Y growth of 36%), on the back of a continued momentum in Vikas Loan as well as Retail Assets disbursements.
- The Bank is committed to building a strong retail liability book. The CASA Ratio has improved by 1.6% [from 18.5% to 20.1%] and the retail deposits grew by approx. ?800 crores on a Q-on-Q basis.
All figures in ? Crore, unless otherwise indicated
Please note that the numbers mentioned above as on quarter ended March 31, 2024, are provisional unaudited numbers and are subject to review / approval by the Audit Committee and Board of Directors. It is also subject to limited review by the Statutory Auditors of the Bank.
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