Mumbai, June 2 -- The board will evaluate raising capital through the issuance of equity shares, equity-linked securities, warrants, or other eligible instruments. The fundraising may be undertaken through a rights issue, preferential allotment, private placement, qualified institutional placement (QIP), or any other permissible route, subject to shareholder approvals.

In addition, the board will consider raising funds through debt instruments, including bonds, non-convertible debentures (NCDs), and other debt securities.

Suryoday Small Finance Bank is a scheduled commercial bank. It commenced operations as an NBFC over a decade ago, with a clear focus on serving customers in the unbanked and underbanked segments and promoting financial...