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Insurer in talks to invest in Suryoday Small Finance Bank, IFC offers debt

By Bruhadeeswaran R

  • 27 Nov 2018
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Insurer in talks to invest in Suryoday Small Finance Bank, IFC offers debt
Credit: Pexels

Mumbai-based Suryoday Small Finance Bank Ltd is in talks to raise debt and equity funding as part of efforts to grow its loan book, two people close to the development told VCCircle. International Finance Corporation plans to offer up to $20 million (Rs 140 crore) to Suryoday in subordinated debt, the ......

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