Suryoday Small Finance Bank Ltd has raised ₹248 crore from a clutch of investors including development finance institution DEG, a subsidiary of Germany’s KfW Group, and Kotak Mahindra Life Insurance Co. Suryoday Small Finance Bank (SFB), which initially provided microfinance loans, has diversified its product offerings to include retail loans such as home loans, commercial vehicle loans, and secured and unsecured loans.
Suryoday SFB raises ₹248 crore from DEG, Kotak Mahindra Life Insurance
Date posted: Wednesday 3 April 2019