Suryoday SFB offers better return ratios than peers: Should you subscribe to the IPO?

Suryoday Small Finance Bank plans to raise around Rs 249 crore from the primary market to augment the tier-I capital base and another Rs 334 crore through offer for sale. The small finance bank (SFB) displays better net interest margin (NIM) and return on assets (RoA) than the listed peers. Microfinance, which is a high-risk […]

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