Suryoday Small Finance Bank Limited on September 30, 2025, announced that it has received ₹313.89 crore from the National Credit Guarantee Trustee Company (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme.
Claim Settlement
- The claim corresponds to the first interim claim for Base Year 2023–24.
- It was fully settled on September 30, 2025.
- The bank clarified that the claim was processed in the ordinary course of business.
Q1 FY26 Performance Snapshot
Despite the claim settlement, the bank reported weaker earnings for the June 2025 quarter:
- Net Profit: Fell 49.7% YoY to ₹35.2 crore (vs. ₹70 crore in Q1 FY25).
- Net Interest Income (NII): Down 2.1% YoY to ₹355.8 crore (vs. ₹363.2 crore).
- Gross NPA: Rose to 8.46% in June 2025 (vs. 7.16% in March 2025).
- Net NPA: Increased to 5.64% (vs. 4.58% in March 2025).
The rise in NPAs weighed heavily on profitability, despite stable business operations.
Outlook
While the CGFMU claim inflow strengthens the bank’s capital buffers, asset quality pressures remain a key concern. Sustained improvement in loan recovery and NPA management will be crucial to stabilizing profitability in the coming quarters.
Summary
Suryoday Small Finance Bank received ₹314 crore under the CGFMU scheme for FY24, boosting liquidity. However, in Q1 FY26, net profit fell 50% YoY to ₹35.2 crore, NII dipped slightly, and asset quality weakened with GNPA at 8.46%. The bank faces near-term stress from rising NPAs despite capital inflows.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.