Suryoday Small Finance Bank Q2 gross advances up 23% to ₹11,544 crore; disbursements jump 49%

Navi Mumbai-headquartered lender Suryoday Small Finance Bank Ltd on Friday (October 3) shared its provisional business update for the quarter ended September 30, 2025.

The bank’s gross advances stood at ₹11,544 crore, reflecting a 23% year-on-year growth from ₹9,360 crore in Q2 FY25 and a 6% quarter-on-quarter increase from ₹10,846 crore in Q1 FY26. Disbursements rose 49% year-on-year to ₹2,430 crore and 7% quarter-on-quarter from ₹2,261 crore.

Total deposits increased 35% YoY to ₹11,991 crore, up

6% quarter-on-quarter from ₹11,312 crore. Retail deposits grew 45% year-on-year to ₹10,316 crore, while bulk deposits declined 4% year-on-year to ₹1,675 crore. The bank’s CASA deposits rose 57% year-on-year to ₹2,477 crore, with a CASA ratio of 20.7%, up from 17.9% in Q2 FY25.

Also Read: Suryoday Small Finance Bank receives ₹314 crore claim under CGFMU Scheme

Collection efficiency remained high, with C–1 EMI at 95.5% and overall CE at 98.9%. Gross NPA stood at 9.3%, while Net NPA fell to 3.8% (net of CGFMU claim of ₹314 crore received during the quarter), with over 90% of NNPA covered under the CGFMU scheme.

The bank received the full CGFMU claim of ₹314 crore, improving its Provision Coverage Ratio (PCR) to 62%. Approximately 98% of Suryoday’s Inclusive Finance portfolio is now covered under the CGFMU scheme.

Shares of Suryoday Small Finance Bank Ltd ended at ₹151.40, down by ₹3.10, or 2.01%, on the BSE.

Also Read: Suryoday Small Finance Bank gains 7% after promoter-CEO buys shares worth ₹50 lakh