Meet the ‘next HDFC Bank’: 4 small finance gems with 24% growth potential

Small Finance Banks in India are maturing from micro-lenders to universal bank contenders. This report analyzes the Q2 FY26 performance of AU Small Finance Bank, Ujjivan, Capital, and Suryoday SFB, comparing their loan book growth, asset quality, and market valuations as they target the ₹2 trillion advances milestone.