Suryoday Small Finance Bank reports net loss of Rs 1.9 crore for quarter ended September


Suryoday Small Finance Bank reports net loss of Rs 1.9 crore for quarter ended September

Its operating profit rose 62% at Rs 82.8 crore against Rs 51.1 crore over the same period. Its net interest income at 147 crore reflects a 34% rise, primarily on account of rise in gross advances over the period and lower cost of funds, the bank said in a regulatory filing to stock exchanges.

Policybazaar IPO received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer, according to NSE data. The price range for the IPO was at Rs 940-980 per share.


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