Suryoday Small Finance Bank Limited has informed the Exchange about Investor update on CGFMU Claim.
SURYODAY · price
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Awaiting price reaction for this filing.
Suryoday Small Finance Bank has received Rs. 55.67 Crores in full from the National Credit Guarantee Trustee Company (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme. This amount pertains to the second interim claim raised by the bank for the base year 2022-23. The claim was received on June 5, 2025, and the bank has clarified that this is part of its ordinary course of business. The disclosure was made under SEBI Listing Regulations and will be available on the bank's website.
This is a positive cash inflow for Suryoday Small Finance Bank, strengthening its recoveries on micro-unit loans guaranteed under the government-backed CGFMU scheme. While the amount is meaningful, it is described as part of ordinary business activity, so the immediate impact on the stock price is likely to be modest.