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Suryoday Small Finance Bank posts ₹48-cr loss in June quarter

Suryoday Small Finance Bank posts ₹48-cr loss in June quarter
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Customers are getting back on loan repayment track - The Hindu BusinessLine

Customers are getting back on loan repayment track - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Suryoday Small Finance Bank Q4 net loss widens to ₹43 crore - The Hindu BusinessLine

Suryoday Small Finance Bank Q4 net loss widens to ₹43 crore May 27, 2021 R Baskar Babu, CEO, Suryoday Small Finance Bank   -  Businessline× Interest reversal on gross NPAs and higher one-time floating provision are among the reasons for the loss Suryoday Small Finance Bank’s (SSFB) net loss widened to ₹43 crore in the fourth quarter ended March 31, 2021 against ₹15.5 crore in the year ago period. Interest reversal on account of gross non-performing assets (GNPAs) and higher one-time floating provision are among the reasons for the widening of the loss. Net interest income of the bank, which got listed on the NSE and BSE on March 26, 2021, was down 56 per cent year-on-year at ₹57 crore (₹130 crore in the year ago period).

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