Suryoday Small Finance Bank Limited Unlisted Shares

1. Dr. Mrs. Sheela Bhide (Chairperson - Independent Director) 2. Mr. R. Ramachandran (Independent Director) 3. Mr. Jyotin Mehta (Independent Director) 4. Mr. R. Baskar Babu (MD & CEO)

Micro Finance  Microfinance loans are for financially excluded borrowers with a ticket size ranging between Rs. 10,000 to Rs. 40,000. These loans are primarily given to women borrowers in the joint liability format. These are templated products which are dependent on the parameterised credit review to ensure appropriate evaluation of the borrower and better health of the portfolio. Microfinance continued to be a significant portfolio for the Bank in FY 18 and will continue to remain for FY 19. Loan Against Property (LAP) & Housing Loan LAP is divided in M-LAP and LAP. M-LAP ranges from Rs. 1.5 lacs to Rs. 5 lacs and is collateral based lending primarily for business purpose. LAP is in the range of Rs. 10 lacs and upwards. Housing loans are given to salaried as well as credible self-employed borrowers including to financially excluded borrowers MSME loans MSME loans are provided as unsecured loans to retail borrowers such as shopkeepers and grocers. These are templated products with the ticket sizes in the range of Rs. 1.5 lakhs to 5 lakhs. These are unsecured loans and backed by post-dated cheques. During the year, the Bank introduced a microloan for shopkeepers with a ticket size of approximately Rs. 1 Lakh including customers having a good track record with the Bank and are in the need for the higher loan amount. Accordingly, the Bank has segregated its sourcing strategy based on customer profile. Microloans with a ticket size of Rs. 1 lakh is sourced by inclusive finance cluster while retail asset cluster (non-inclusive finance) will source customers with ticket size upwards of Rs. 5 Lakh. Notably, the Bank has witnessed excellent portfolio quality for microloans with a ticket size of approximately Rs. 1 lakh. Commercial Vehicle Loans The Bank introduced CV loans in later part of the year and includes primarily new commercial vehicles. The ticket sizes are in the range of Rs. 15 lakhs to Rs. 35 lakhs. The key focus will be to fund credible borrowers and to build a stable portfolio. Financial Intermediary Group (FIG) Loans  FIG loans are introduced for on-lending to NBFCs including microfinance companies. The Bank has separate verticals to focus on FIG lending having significant experience in lending to financial institutions. SME lending  The Bank has started lending to SME borrowers with excellent credit history. SME borrowers are primarily small and medium private and public limited companies, partnership firms etc. The Bank has centralized sourcing, credit underwriting, and loan processing to keep strong control over the sourcing profile of the customer and portfolio monitoring.

UZ Review 1. The Bank's Networth as on 31.03.2020 is 1066 Cr, up by 21% as compared to last year. The company had 880 Cr of Net-worth last year. 2. The deposit has gone up from Rs. 1593 Cr in FY19 to Rs. 2848 Cr in FY20. 3. The loan book has grown from Rs. 2679 Cr in FY19 to 3531 Cr in FY20. 4. NIM has grown from 12.24% to 13.88% in FY20. 5. Book Value as on 31.03.2020= 123. 6. The company has clocked a revenue of 854 Cr in FY19-20 as compared to 597 Cr last year, representing a growth of 43%. 7. The company has clocked a PAT of 110 Cr in FY19-20 as compared to 86 Cr last year, representing a growth of 27%. FY19-20 Results Analysis by UnlistedZone team Suryoday Small Finance Bank Annual Report 2018-19 Research Report by UnlistedZone Team

1101, Sharda Terraces, Plot No. 65, Sector 11, CBD Belapur, Navi Mumbai 400 614 Tel: +91 91 22 40435800 Website: www.suryodaybank.com