Explanation:

• Suryoday Small Finance Bank is a new age bank that went live on January 23rd 2017.
• Baskar Babu Ramachandran is the Managing Director and Chief Executive Officer of Bank.
• Suryoday SFB is an emerging small finance bank with a little track record as a bank with evident low CASA and higher cost of
• Currently, it is Rs 200 crore. Initially when licensing guidelines for small finance banks were issued, it was prescribed that the minimum paid-up equity capital requirement for setting up an SFB would be Rs 100 crore.