Suryoday Small Finance Bank Ltd IPO

Suryoday Small Finance Bank Limited:

leading SFBs in India in terms of net interest margins, return on assets, yields and deposit growth and had the

lowest cost-to-income ratio among SFBs in India in Fiscal 2020.

* SSFB serving customers in the unbanked and underbanked segments in India & promoting financial inclusion.

Their average “priority sector” loans, as a percentage of average Adjusted Net Bank Credit (“ANBC”) for Fiscal

2018, 2019 and 2020 and 9 months ended December 31,2020 was 99.08%,112.10%,103.67% and 114.09%  respectively

* SSFB commenced their microfinance operations in 2009 and have since expanded the operations across 13 states

and union territories. As of December 31, 2020, their customer base was 1.44 million and the employee base

comprised of 4,770 employees & they operated 554 Banking Outlets including 153 Unbanked Rural Centres

(“URCs”).

* They have set up 661 customer service points (“CSPs”) as additional service or touch points during April 1, 2020

and January 31, 2021. Their delivery platform also includes partnering with business correspondents (“BCs”) for

sourcing both asset and liability business.

* Their investors include a mix of development finance institutions such as IFC and DEG, private equity investors

such as Gaja Capital India AIF Trust (represented by its trustee, Gaja Trustee Co. Pvt. Ltd.), Gaja Capital Fund II

Ltd, TVS Entities, ASK Pravi Private Equity Opportunities Fund and Lok Capital Growth Fund and institutional

investors including HDFC Holdings Ltd., HDFC Life Insurance Co. Ltd., IDFC FIRST Bank Ltd and Kotak

Mahindra Life Insurance Co. Ltd.