Home / Business and Economy / Suryoday Bank's Q4 Advances Soar 29% YoY
Suryoday Bank's Q4 Advances Soar 29% YoY
3 Apr
Summary
- Gross advances increased by 29% year-over-year to Rs 13,201 crore.
- Total deposits saw a 32% year-over-year rise, reaching Rs 13,958 crore.
- Disbursements surged 46% year-over-year to Rs 3,077 crore.
Suryoday Small Finance Bank has announced its provisional financial results for the quarter ended March 31, 2026. The bank's gross advances experienced a robust year-over-year increase of 29%, climbing to Rs 13,201 crore from Rs 10,251 crore in the same period last year. This marks an 11% sequential growth from Q3FY26.
Concurrently, the bank's total deposits rose by 32% year-over-year, reaching Rs 13,958 crore compared to Rs 10,580 crore in Q4FY25. Retail deposits showed a steady increase, while disbursements demonstrated impressive growth, surging 46% year-over-year to Rs 3,077 crore.
Further strengthening its digital presence, credit lines on UPI crossed the 5 lakh customer mark. The bank also reported that 98% of its inclusive finance portfolio is covered under the Credit Guarantee Scheme as of March 2026. Despite these positive operational metrics, the bank's stock has seen a 19% decline over the last six months.
