5432792022-07-012022-09-305432792022-09-305432792022-03-315432792022-04-012022-09-305432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses1Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses2Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses3Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses4Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses5Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses6Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses7Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses8Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses9Member5432792022-07-012022-09-30in-bse-fin:OtherOperatingExpenses10Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses1Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses2Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses3Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses4Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses5Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses6Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses7Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses8Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses9Member5432792022-04-012022-09-30in-bse-fin:OtherOperatingExpenses10Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments1Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments2Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments3Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments4Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments1Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments2Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments3Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments4Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments1Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments2Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments3Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments4Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments1Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments2Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments3Member5432792022-04-012022-09-30in-bse-fin:ReportableSegments4Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments1Member5432792022-09-30in-bse-fin:ReportableSegments1Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments2Member5432792022-09-30in-bse-fin:ReportableSegments2Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments3Member5432792022-09-30in-bse-fin:ReportableSegments3Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments4Member5432792022-09-30in-bse-fin:ReportableSegments4Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments1Member5432792022-09-30in-bse-fin:ReportableSegments1Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments2Member5432792022-09-30in-bse-fin:ReportableSegments2Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments3Member5432792022-09-30in-bse-fin:ReportableSegments3Member5432792022-07-012022-09-30in-bse-fin:ReportableSegments4Member5432792022-09-30in-bse-fin:ReportableSegments4Memberiso4217:INRxbrli:pureiso4217:INRxbrli:shares543279SURYODAYNAINE428Q01011Suryoday Small Finance Bank LtdBanking FormatEquity2022-04-012023-03-312022-11-112022-10-21INRLakhsHalf yearlyMulti segment2022-11-1112:35:002022-11-1117:05:00trueCash Flow IndirectNot applicable2022-07-012022-09-30UnauditedStandalone24196000003680000002270000010000028104000002466000003057000000105110000051610000055880000010749000002126000000931000000761400000016960000039600000130000000013000000013000000010616000001000.35880.33131.221.221.221.22532660000024244000000.0990.04760.00151.The above financial results have been reviewed by the Audit Committee of the Board and approved by the Board of Directors at its meeting held on November 11, 2022. The financial results for the quarter and half year ended September 30, 2022 have been subjected to "Limited Review" by the statutory auditors of the Bank, "Walker Chandiok & Co. LLP". <BR> An unmodified review report has been issued by them thereon. <BR> <BR> 2.The above financial results of the Bank have been prepared in accordance with the Banking Regulation Act, 1949, generally accepted accounting principles in India, including Accounting Standards as prescribed under section 133 of the Companies Act, 2013, Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and the guidelines issued by the Reserve Bank of India (RBI). <BR> <BR> 3.The Bank has applied its significant accounting policies in the preparation of those financial results consistent with those followed in the annual financial statements for the year ended March 31, 2022. Circulars/ directions issued by RBI is implemented prospectively when it becomes applicable. <BR> <BR> <BR> 4.During Q1 FY 2022, India experienced a “second wave” of COVID-19, including a significant surge of COVID-19 cases following the discovery of mutant coronavirus variants. <BR> <BR> The impact of COVID-19, including changes in customer behaviour caused / triggered by disruption to their income, due to restrictions on business and individual activities, had led to significant volatility in Indian financial markets and a significant decrease in local economic activities. Whilst business activities have since nearly reached pre-COVID levels, the lower collection efficiency with respect to the COVID-19 impacted portfolio originated up to June 2021, has led and could lead to further rise in customer defaults on this impacted portfolio. The Bank continues to hold floating provisions of Rs. 91.28 crores as at September 30, 2022. (March 31, 2022: Rs. 91.28 crores). <BR> <BR> The extent to which the COVID-19 pandemic shall continue to impact the Bank’s results, on account of provisions towards the loan assets, shall depend on ongoing as well as future developments. <BR> <BR> 5.Details of loans transferred/acquired during the quarter ended September 30, 2022 under the RBI Master Direction on Transfer of Loan Exposures dated September 24, 2021 are given below: <BR> - During the quarter ended September 30, 2022, the bank has not acquired any "loans not in default" through assignment of loans <BR> - During the quarter ended September 30, 2022, the bank has not acquired any stressed loans (Non-performing asset and Special Mention Account) and not transferred any loan not in default / Special Mention Accounts (SMA). <BR> <BR> 6.Other income include processing fees, income on dealing in priority sector lending certificate, profit on sale of investment securities, unrealised loss on investment securities etc. <BR> <BR> Up to March 31, 2022 the Bank used to amortise fees received from the sale of Priority Sector Lending Certificates (‘PSLC’) over the residual quarters of the financial year in which the certificates were sold. From April 01, 2022 the Bank has started recognising fees received from the sale of PSLC on upfront basis. For the half year ended September 30, 2022 the Bank has PSLC income of Rs. 34.24 crores. Had the Bank continued to amortise the fees from sale of PSLC, the Other Income for the half year ended September 30, 2022 would have been lower by Rs. 18.03 crores. <BR> <BR> 7. The Capital adequacy ratio (“CRAR”) has been computed as per operating guidelines for Small Finance Banks in accordance with RBI Circular No. RBI/2016-17/81 DBR.NBD.No. 26/16.13.218/2016-17 dated October 6, 2016. <BR> <BR> The Bank has followed Basel II standardized approach for credit risk in accordance with the operating guidelines issued by the Reserve Bank of India for Small Finance Banks. Further, the RBI vide its circular No. DBR.NBD.No. 4502/16.13.218/2017-18 dated November 8, 2017 has provided an exemption to all Small Finance Banks whereby no separate capital charge is prescribed for market risk and operational risk. <BR> <BR> 8.Figures of the previous periods have been regrouped / reclassified wherever necessary to conform to current period's classification.2022-04-012022-09-30UnauditedStandalone481890000074480000060800000400000562490000037810000060030000002094800000104800000011350000002183000000427780000017252000001454500000027070000063200000207500000020750000020750000010616000001000.35880.33131.951.951.951.95532660000024244000000.0990.04760.0026Rent,taxes and lighting83800000Printing and stationery11000000Advertisement and publicity3200000Depereciation on bank property96500000Director's Fee/remuneration, allowance and expenses3900000Auditor's fee and expenses2600000Law charges11600000Postage,telegrams, telephones etc13200000Repair and maintenance114800000other expenditure (including professional fees)218200000Rent,taxes and lighting166800000Printing and stationery18400000Advertisement and publicity4500000Depereciation on bank property170000000Director's Fee/remuneration, allowance and expenses8800000Auditor's fee and expenses5300000Law charges20500000Postage,telegrams, telephones etc22700000Repair and maintenance253700000other expenditure (including professional fees)4643000001061600000142126000004207000000023499900000300550000083849600000415770000024420000024244300000509022000001576400000272480000083849600000Treasury368900000Retail Banking2920400000Corporate113200000Other Banking operations6800000Treasury475600000Retail Banking6097800000Corporate243800000Other Banking operations193000003409300000683650000035230000083350000030570000006003000000Treasury-38200000Retail Banking131200000Corporate93000000Other Banking operations0Treasury-391500000Retail Banking526800000Corporate161100000Other Banking operations0186000000296400000001640000025700000169600000270700000Treasury28505700000Retail Banking47455600000Corporate6496000000Other Banking operations4860000082505900000134370000083849600000Treasury23768000000Retail Banking38171400000Corporate6602500000Other Banking operations5450000068596400000-21000000685754000001.Inter-segment revenue is based on internally approved yield curve or at an agreed transfer rate on the funding provided by one business segment to another. Transaction cost is levied between segments on cost plus basis. <BR> 2. The RBI vide its circular No. RBI/2022-23/19/DOR.AUT.REC.12/22.01.001/2022-23, dated April 7, 2022 on establishment of Digital Banking Units (DBUs), has prescribed reporting of Digital Banking Segment as a sub-segment of Retail Banking Segment. Indian Banks' Association (lBA) has formed DBU Working Group which include representatives of banks and RBI. The reporting of Digital Banking as a separate sub-segment of Retail Banking Segment, as applicable, will be implemented by the Bank based on the decision of the DBU Working Group.27070000001700000000001550000000-38178000000-3632300000007520000005949000000670100000-2962200000-2691500000000762000000-276770000000-276770000000000000100000594000000000000000-6000000-59450000000-59450000000024990000022633000000000-201340000000-2013400000-53756000000-537560000097411000004365500000