Chennai: Suryoday Small Finance Bank (SSFB) has announced the opening of its new Banking Correspondent led Banking Outlet here. The branch was inaugurated by director, Kasturi and Sons Ltd., K Venugopal, in the presence of MD & CEO of SSFB, Baskar Babu.
Speaking on the occasion, Baskar Babu, said, “We are delighted to open our third ‘Business Correspondent led Banking Outlet’ by partnering with Ex-Bankers, thereby fostering partnership and entrepreneurship. At Suryoday strong governance, transparency and superior customer experience are non-negotiable and we believe that these partners, who have been ex bankers; would help bring in more ideas on servicing and understanding the customer needs. This is a unique business model and we see opportunity and growth through this model.”
With the opening of this branch, SSFB now has a total of 16 centres (five branches and 11 doorstep centres) in Chennai.

