Suryoday Bank completes 1 Year of Operations

(Disclosure: I am market making in the shares of Suryoday Bank)

Yesterday, Suryoday Bank organized an event to celebrates it’s one year of banking operations.

Deepak Parekh,Chairman of HDFC was the Chief Guest on the occasion.This is perhaps not so surprising since the HDFC Group is a substantial shareholder in the Bank.

In a scintillating speech,Deepak Parekh mentioned that in his 50 years of working life, he has never been more optimisitic on India than he is now.

He also mentioned that as an One Year old, Suryoday Bank has grown from a baby to a toddler.This is a time for tremendous growth but also love and care.

Looking forward to fun and exciting times with this baby !


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