SSFBL-12.50%-7-4-27-PVTSSFBL-12.50%-7-4-27-PVTSSFBL-12.50%-7-4-27-PVT

SSFBL-12.50%-7-4-27-PVT

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Key terms


Outstanding amount
Face value
1,000,000.00INR
Minimum denomination
50,000,000.00INR
Coupon
12.50% (Fixed)
Coupon frequency
Quarterly
Yield to maturity
Maturity date
Apr 7, 2027
Term to maturity
2 years

About SSFBL-12.50%-7-4-27-PVT


Sector
Finance
Industry
Regional Banks
Issue date
Sep 7, 2020
ISIN
INE428Q08073
Suryoday Small Finance Bank Ltd. engages in the provision of commercial banking and micro finance services. It operates through the following segments: Treasury, Retail Banking, Corporate, and Other Banking Operations. The Treasury segment includes liquidity management activities. The Retail Banking segment provides loans, deposits, and other banking products to retail customers through a branch network. The Corporate segment comprises all advances to companies and statutory bodies which are not included under retail banking. The Other Banking Operations segment consists of para banking activities such as distribution of third party product and associated costs. The company was founded by Baskar Babu Ramachandran, Ganesh Rao, and V. L. Ramakrishnan on November 10, 2008 and is headquartered in Mumbai, India.