Suryoday Small Finance Bank Approves ₹400 Crore Tier II NCD Issue

Board approved issuance of up to Rs 400 Cr Lower Tier II NCDs in tranches, with Rs 200 Cr in this single tranche on private placement with tenure up to 10 years for listing on BSE. First Tier-II debt tranche under planned capital raise to support loan growth; subordinated debt with no immediate equity dilution and consistent with maintaining strong buffers. Coupon, pricing and allotment timeline not disclosed. Also appointed Geeta Krishnan, former company secretary, as interim secretary from Sep 24; routine, no executive change.