The SFB has witnessed growth in all performance parameters on YoY basis
FinTech BizNews Service
Mumbai, July 04, 2024: Suryoday Small Finance Bank has provided Q1 FY25 Pre-Results Quarterly Update.
Key Business Highlights: Deposits and Advances:
Management Commentary
(All figures in Rs Crore, unless otherwise indicated)
Particulars | Q1 FY25 | Q4 FY24 | QoQ | Q1 FY24 | YoY |
Gross Advances | 9,037* | 8,650*
| 4% | 6,372 | 42% |
Disbursement | 1,740 | 2,340
| -26% | 1,190 | 46% |
Total Deposit | 8,137 | 7,777 | 5% | 5,722 | 42% |
- Retail | 6,418 | 6,1270 | 5% | 4,330 | 48% |
- Bulk | 1,719 | 1,650 | 4% | 1,392 | 24% |
CASA | 1,439 | 1,566 | -8% | 854 | 69% |
CASA% | 17.7% | 20.1% |
| 14.9% |
|
Collection Efficiency** | 101.0% | 100.6% |
| 100.4% |
|
GNPA | 2.67% | 2.80% |
| 3.0% |
|
* Includes IBPC of Rs550 crores for Q1 FY25 (Rs400 crores for Q4 FY24) **Calculated on Gross Advances including IBPC
The numbers mentioned above as on Quarter ended June 30, 2024, are provisional unaudited numbers and are subject to review / approval by the Audit Committee and Board of Directors.