Suryoday Small Finance Bank

Lok II


R Baskar Babu

Suryoday is a microfinance institution headquartered in Mumbai, serving the economically active poor populations in urban and semi-urban areas in the states of Maharashtra, Tamil Nadu, Gujarat, Orissa, Karnataka and Rajasthan. The company’s operations are aimed at improving the standard of living and level of financial inclusion of the economically challenged sections of the populations in the company’s geographies of operation, by helping them generate higher income and by assisting them in building an asset base through financing at an affordable cost. Suryoday is one of the 5 Lok investments that received the first set of SFB approvals granted by RBI in 2015, and subsequently had its IPO in 2021.

Financial Services



Sub Sector


Region of Operations


Year of Investment

Venky, Rini

Deal Team