Suryoday Small Finance Bank Limited has reported strong financial performance for the quarter and year ended March 31, 2026, driven by growth in advances, deposits, and improved operational efficiency.
The bank’s gross advances rose 29.4 per cent year-on-year to Rs 13,261 crore, while total deposits increased 32.3 per cent to Rs 13,994 crore. Retail deposits continued to remain a major contributor, accounting for 86 per cent of the overall deposit base.
Loan disbursements during FY26 climbed 49.7 per cent year-on-year to Rs 10,466 crore, supported by momentum across Vikas Loans, Wheels Finance, and mortgage businesses. The bank also recorded strong quarterly disbursements of Rs 3,077 crore during Q4 FY26.
Suryoday Small Finance Bank posted a net profit of Rs 152 crore for FY26, reflecting a 32.2 per cent increase compared to the previous financial year. During Q4 FY26, the bank reported a profit of Rs 50 crore, recovering from a loss posted in the corresponding quarter last year.
The bank’s net total income for FY26 stood at Rs 1,458 crore, while net interest income reached Rs 1,099 crore. Pre-provision operating profit came in at Rs 384 crore for the financial year.
Asset quality showed improvement during the year, with Gross NPA reducing to 6.5 per cent from 7.2 per cent in FY25, while Net NPA improved to 4.2 per cent from 4.6 per cent.
Baskar Babu Ramachandran, Managing Director and CEO, Suryoday Small Finance Bank, said, “The bank delivered strong and resilient growth during FY26, supported by business diversification, granular liabilities and improving profitability. Advances and deposits witnessed healthy growth while asset quality improved through disciplined underwriting and strong collections.”
He further added that profitability strengthened significantly during the year, supported by controlled credit costs and a diversified lending portfolio.
The bank maintained a strong capital position with a Capital Adequacy Ratio of 20.5 per cent, including Tier I capital of 19.6 per cent.
Suryoday Small Finance Bank also continued to strengthen its digital banking initiatives during FY26. Digital deposits crossed Rs 1,672 crore during the year, while its Credit on UPI offering witnessed growing adoption with nearly 11 lakh pre-qualified customers.
Going forward, the bank plans to focus on secured lending, deeper retail penetration, digital expansion, and customer-centric growth strategies.
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