Suryoday Small Finance Bank Limited
ICICI Prudential Life Insurance reduced its stake in Suryoday Small Finance Bank from 1.30% to 1.24%, selling 63,766 shares.
A leading small finance bank in India, Suryoday Small Finance Bank provides inclusive financial services to unbanked and underbanked customers across diverse regions. Incorporated in 2008, the company initially operated as a non-banking financial company before transitioning to small finance banking operations in 2017. It remains focused on serving underserved population segments with accessible banking solutions.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.