Suryoday Small Finance Bank Sees 32% Surge in Deposits Amid Q4 Growth
Suryoday SFB rallies after Q4 deposits rises 32% YoY to Rs 13,958 crore
Business Standard
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Suryoday Small Finance Bank's total deposits rose by 32% year-on-year to ₹13,958 crore in Q4 FY26. The bank also reported a 29% increase in gross advances and a 46% surge in disbursements, reflecting strong growth in its financial performance.
- 01Total deposits increased by 32% to ₹13,958 crore in Q4 FY26.
- 02Gross advances rose by 29% year-on-year to ₹13,201 crore.
- 03Disbursements surged 46% to ₹3,077 crore in Q4 FY26.
- 04The bank's CASA ratio improved to 22.5% from 20.9% a year earlier.
- 05Consolidated net profit for Q3 FY26 increased by 9.79% to ₹36.56 crore.
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Suryoday Small Finance Bank (SFB) experienced a substantial 32% year-on-year increase in total deposits, reaching ₹13,958 crore in Q4 FY26, compared to ₹10,580 crore in Q4 FY25. The bank's gross advances also saw significant growth, rising 29% to ₹13,201 crore from ₹10,251 crore in the same quarter last year. Additionally, disbursements surged by 46%, climbing to ₹3,077 crore from ₹2,101 crore. Retail deposits grew by 3% to ₹12,003 crore, while bulk deposits decreased by 2% to ₹1,955 crore. The bank's CASA (Current Account Savings Account) stood at ₹3,141 crore, marking a 42% increase, with a CASA ratio improvement to 22.5% from 20.9% year-on-year. As of March 31, 2026, the gross non-performing assets (GNPA) were reported at ₹864 crore, with net non-performing assets (NNPA) at ₹547 crore. Suryoday SFB, which began as a non-banking financial company (NBFC) over a decade ago, continues to focus on financial inclusion and serves customers across 15 states and Union Territories in India.
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The increase in deposits and advances indicates a growing trust in Suryoday SFB, which could lead to more financial services for the unbanked population in India.
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