Promoter shareholding remains stable with a minimal YoY increase of 0.06%, while institutions have decreased their stake by 4.78% YoY, indicating a lack of confidence from smart money.

Public shareholding has slightly increased by 1.01% QoQ, suggesting retail investors may be reacting to market conditions without strong fundamentals supporting their decisions.

In contrast to Suryoday Small Finance Bank, the sector shows no change in average shareholdings across all categories, highlighting a broader trend of selling as indicated by the significant declines in peer institutions like EQUITASBNK.