Suryoday Small Finance Bank Ltd. is a new-age digital bank based in Navi Mumbai, India. It was founded in 2008 and initially operated as Suryoday Microfinance Limited before transitioning into a small finance bank[1][5]. The bank offers a wide range of financial services, including savings and current accounts, term deposits, loans, and investment and insurance products. It primarily focuses on serving the underserved and unserved sectors of the economy, promoting financial inclusion through both traditional and digital banking solutions[1][2]. ### Key Features and Achievements: - Customer Base: Over 30 lakh customers. - Presence: More than 700 banking touchpoints across 15 states and union territories. - Employee Strength: Approximately 7,700 employees[2][3]. - Recent Initiatives: Launched all-women managed branches named Suryoday Roshni, marking a first in the small finance bank category[1]. - Awards and Recognition: Received the Employee Choice Award 2024 by Ambition Box and recognized for environmental initiatives by the Navi Mumbai Municipal Corporation[2]. ### Products and Services: - Savings Accounts: Offers various types like Espire Premium Banking, Savings Supreme, and Savings Classic with competitive interest rates and ATM withdrawal limits[3]. - Fixed Deposits: Includes domestic fixed deposits, tax saver fixed deposits, and non-callable fixed deposits with varying minimum amounts and tenures[3]. - Loans: Provides micro home loans, home loans, two-wheeler loans, and joint liability group loans with attractive interest rates[3]. ### Financial Performance: - IPO: Successfully completed its initial public offering (IPO) in March 2021, raising approximately $62.91 million[1]. - Market Cap: As of the latest available data, the market capitalization is around 19.08 billion (approximately $240 million USD)[1].