Suryoday is a Small Finance Bank based out of Maharashtra with an AUM of ~INR 24,920 million as on December 2018. Suryoday is focused on the “under-banked” and “un-banked” sectors of the society with a credit product suite of Joint Liability Group loans, MSME loans, Housing loans, Loan Against Property, Commercial Vehicle loans and loans to SME and Financial Intermediary Group.
Edelweiss advised Suryoday on raising US$ 35 mn from a consortium consisting of DEG, Kotak Life Insurance, existing investors and promoters.
Edelweiss Financial Services
Advised in the sale of
Suryoday Small Finance Bank Limited
to