Suryoday had received in-principle approval from Reserve Bank of India (RBI) to function as a small finance bank (SFB) in 2015. As a result of these transactions, Suryoday’s shareholding comprises 49-percent foreign investments, the maximum allowed by RBI for a SFB without additional approval [2]. Suryoday reported a gross loan portfolio of USD 160 million and 717,000 total customers as of July 2016. Apart from credit services, the institution conducts business skills training; financial literacy training meant to promote savings; and health check camps including eye, dental and mammogram services

http://www.microcapital.org/microcapital-brief-indias-suryoday-microfinance-raises-15m-in-equity-as-aavishkaar-goodwell-exits/