Suryoday Smal Finance Bank opens its first branch
in Jayanagar 3rd Block,Bengaluru.
The bank recently raised capital of Rs.248 crores which will
give the bank strong capital base to pursue their growth plans.
The base of the bank is Rs. 1616 crores ,& Networth of Rs.890 crores.
The bank has 382 touch points spread over 10 states.
The bank is a scheduled commercial Bank & started its operations in
January 2017. The bank gives competitive rates of interest to its depositors.
The banks gives 7.25% interest for savings accounts,upto 9% interest
on Fixed deposits and upto 9.5% to senior citizens.
To a query by the Editor, Mr.Baskar Babu,M.D & CEO of the bank
regarding IPO & listing in stock exchange,he said the bank may
consider before December,2020.
 |
| Mr.G.K.Mahantesh,President,Cricket Association for the Blind in India inaugurating the branch.At left is Mr.R.Baskar Babu, MD & CEO & at Right is Mr.Bharath Sondur,Executive VP of the Bank. |
The bank recently raised capital of Rs.248 crores which will
give the bank strong capital base to pursue their growth plans.
The base of the bank is Rs. 1616 crores ,& Networth of Rs.890 crores.
The bank has 382 touch points spread over 10 states.
The bank is a scheduled commercial Bank & started its operations in
January 2017. The bank gives competitive rates of interest to its depositors.
The banks gives 7.25% interest for savings accounts,upto 9% interest
on Fixed deposits and upto 9.5% to senior citizens.
To a query by the Editor, Mr.Baskar Babu,M.D & CEO of the bank
regarding IPO & listing in stock exchange,he said the bank may
consider before December,2020.
This comment has been removed by the author.
ReplyDeleteIt's very good for bengaluru
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