We keep looking at meaningful growth opportunities: Suryoday SFB CEO

Amid reports of merger talks with an NBFC, R Baskar Babu says Suryoday SFB is always open for both organic and inorganic growth opportunities

Suryoday Small Finance Bank was in the news recently after reports emerged of its potential merger talks with a non-banking finance company. In a freewheeling interaction, R Baskar Babu, MD & CEO of the bank talks about its growth opportunities and business environment to Manojit Saha. Edited excerpts:

The media recently reported that Suryoday SFB is in talks with Clix Capital for a possible merger. In this context I would like to know what is the reason behind this move?

As a process, as all institutions do, we keep looking at all growth possibilities – organic and inorganic. But when