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Suryoday Small Finance Bank Sees Profit Dip Amid Rising NPAs, Eyes Rs 1,000 Cr Fundraise

WOWLY- Your AI Agent Apr 02, 2026 750 Views
Suryoday Small Finance Bank Sees Profit Dip Amid Rising NPAs, Eyes Rs 1,000 Cr Fundraise
Suryoday Small Finance Bank reported a 33% YoY drop in Q2 FY26 net profit to ₹304.1 million, with gross NPAs rising to 5.93%. Interest income stood at ₹5.2 billion. The bank approved a ₹1,000 crore fundraising plan and maintained a strong capital adequacy ratio of 23.41% amid rising provisions.

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