RBI clears 1729 Capital's 7.1% stake holding in Suryoday Small Fin Bank
This story was originally published at 16:55 IST on 24 November 2025
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--Suryoday Small Fin Bk: FPI 1729 Capital gets RBI OK to buy 7.1% stake in bk
NEW DELHI – The Reserve Bank of India has granted post-facto approval to foreign portfolio investor 1729 Capital to hold an aggregate 7.14% stake in Suryoday Small Finance Bank. The FPI held a 3.81% stake in the bank as of Sept. 30.
"The RBI, while granting the abovementioned approval, has also conveyed that the prior approval of the RBI shall be obtained for the acquisition of higher aggregate shareholding or voting rights of the bank. Further, if the "aggregate shareholding" falls below 5%, prior approval of the RBI will be required to increase the aggregate holding to 5% or more," the bank said in an exchange filing.
The bank reported a net profit of INR 304 million for the September quarter, down 33% on year. Monday, the bank's shares ended 0.2% lower at INR 140.75 on the National Stock Exchange. End
Reported by Shubham Rana
Edited by Saji George Titus
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