Shares of Suryoday Small Finance Bank Ltd climbed 2.50% to ₹142 on Friday after the lender reported strong growth in advances and deposits for the quarter ended June 30, 2025.
The bank’s gross advances rose 20% year-on-year (YoY) to ₹10,846 crore in Q1FY26, while sequentially growing 6%. Disbursements stood at ₹2,261 crore, up 30% YoY and 8% quarter-on-quarter, reflecting healthy credit demand.
Key highlights:
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Deposits surged 39% YoY to ₹11,312 crore, and 7% sequentially.
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Retail deposits jumped 44% YoY, while CASA deposits fell 9% QoQ to ₹2,003 crore, but rose 29% YoY.
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CASA ratio dropped to 17.7%, compared to 20.9% in Q4FY25, remaining flat YoY.
However, the bank’s asset quality deteriorated during the quarter. Gross non-performing assets (GNPA) rose to 8.5%, up from 7.1% in Q4FY25 and 2.7% a year ago. Of the ₹927 crore in GNPA, ₹804 crore was covered under the Credit Guarantee Fund for Micro Units (CGFMU) scheme, with ₹585 crore deemed claimable.
The bank received ₹56 crore under the CGFMU scheme in Q1, fully settling its claims. As of June 2025, about 98% of the bank’s inclusive finance portfolio — which accounts for 48% of total gross advances — was covered under the scheme.
At the time of reporting, the stock was trading at ₹142, up from the previous close of ₹138.53.
