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Suryoday Small Finance Bank launches 'Health and Wellness Savings Account'

Suryoday Small Finance Bank launches 'Health and Wellness Savings Account'
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.

R Baskar Babu , Suryoday Small Finance Bank , Suryoday Health , Wellness Savings Account , Wellness Savings , Baskar Babu , Pay Secure Chip Debit Card , Saving Account , ர் பாஸ்கர் பாபு , சூரியோதாய் சிறிய நிதி வங்கி , பாஸ்கர் பாபு , சேமித்தல் எண்ணுதல் ,

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). ....

R Baskar Babu , Supreme Court , Suryoday Small Finance Bank , Baskar Babu , Loan Portfolio , ர் பாஸ்கர் பாபு , உச்ச நீதிமன்றம் , சூரியோதாய் சிறிய நிதி வங்கி , பாஸ்கர் பாபு , கடன் போர்ட்‌ஃபோலீயோ ,

Will the RBI liquidity window turn small banks big?


Will the RBI liquidity window turn small banks big?
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According to industry captains, the new facility would help them to get about 1-1.5% positive carry on the borrowed fund, even after investing the same amount into government securities as mandated by the central bank.
Agencies
The banking system including small finance banks is sitting on cash surplus of Rs 7.12 lakh crore.
Small-finance banks are likely to turn more competitive with the latest Rs 10,000-crore support from the Reserve Bank of India (RBI) as they would get such funds at 4% for three years - a rate significantly below their average cost of funding. ....

Gopal Tripathi , Ajay Kanwal , R Baskar Babu , Au Small Finance Bank , Ujjivan Small Finance Bank , Jana Small Finance Bank , Suryoday Small Finance Bank , Reserve Bank , Jana Small Finance , Debendra Dash , Rajeev Pawer , Ujjivan Small Finance , கோபால் திரிபாதி , அஜய கன்வால் , ர் பாஸ்கர் பாபு , ஆ சிறிய நிதி வங்கி , உஜ்ஜீவன் சிறிய நிதி வங்கி , ஜன சிறிய நிதி வங்கி , சூரியோதாய் சிறிய நிதி வங்கி , இருப்பு வங்கி , ஜன சிறிய நிதி , தேபேந்திர கோடு , உஜ்ஜீவன் சிறிய நிதி ,