Suryoday Bank reports strong deposit and advances growth

Suryoday Small Finance Bank announced strong Q1 FY26 results, highlighting robust growth in total deposits and gross advances. Gross advances reached 10,846 Crore, up 20% year-over-year and 6% quarter-over-quarter. Total deposits increased to 11,312 Crore, a 39% increase compared to the same period last year, and a 7% rise from the previous quarter. Disbursements for the quarter grew by 30% to over 2,200 Crore. The Bank also reported that it received approximately INR56 crore in Q1 FY26 representing 100% of the claim made to CGFMU. As of June 2025, ~98% of the Inclusive Finance portfolio is covered under the CGFMU Scheme. The bank's retail deposits registered a growth of 44% year-over-year.