India's Suryoday Small Finance Bank gains after Q1 gross advances, deposit rise

Suryoday Small Finance Bank

04/07/2025 08:29

** Shares of Suryoday Small Finance Bank SURO.NS rise 2.3% to 141.73 rupees

** Bank's Q1 gross advances rise 20% Y/Y, total deposit up 39% Y/Y

** Q1 disbursement up 30% Y/Y at 22.61 bln rupees ($264.7 mln)

** Trading vols at 370,413 shares so far, over 1.2x the 30-day average

** SURO up ~4% YTD

($1 = 85.4050 Indian rupees)

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))