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Suryoday Bank Secures RBI Approval for Executive Director’s Revised Remuneration

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Suryoday Bank Secures RBI Approval for Executive Director’s Revised Remuneration

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The latest announcement is out from Suryoday Small Finance Bank Limited ( (IN:SURYODAY) ).

Suryoday Small Finance Bank Limited announced that it has received approval from the Reserve Bank of India for the revised remuneration of its Whole-time Director. This approval, following the bank’s Annual General Meeting, allows for adjustments in both fixed and variable pay, aligning with shareholder-approved limits. The decision reflects regulatory compliance and supports the bank’s governance framework, potentially impacting its operational management and stakeholder confidence.

More about Suryoday Small Finance Bank Limited

Suryoday Small Finance Bank Limited operates in the financial services industry, focusing on providing banking services to underserved and unbanked segments. The bank offers a range of financial products and services, including savings accounts, loans, and insurance, with a strong emphasis on financial inclusion.

Average Trading Volume: 50,911

Technical Sentiment Signal: Buy

Current Market Cap: 15.77B INR

For an in-depth examination of SURYODAY stock, go to TipRanks’ Overview page.

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