South Indian Bank has officially informed stock exchanges about a potential disruption to its operations due to a nationwide bank strike scheduled for January 27, 2026. The notification was sent to both NSE and BSE under Regulation 30 of SEBI listing requirements.

Strike Details and Impact

The United Forum of Bank Unions has called for a one-day nationwide bank strike on January 27, 2026 (Tuesday), raising various demands. The bank has cautioned that if the strike materializes, normal functioning across its network may face significant disruption.

Customer Service Continuity

Despite potential branch closures, South Indian Bank has assured customers that essential banking services will remain accessible. The bank's ATM network and digital banking platforms are expected to operate without interruption throughout the strike period.

Key services that will remain operational include:

• ATM cash withdrawals and deposits
• Internet banking services
• Mobile banking applications
• Digital payment channels

Regulatory Compliance

The bank fulfilled its disclosure obligations by notifying both major stock exchanges through formal communication dated January 23, 2026. Company Secretary Jimmy Mathew signed the official intimation, which was also published on the bank's website at www.southindianbank.bank.in for public access.

Market Communication

The proactive disclosure demonstrates the bank's commitment to transparency and regulatory compliance. By informing stakeholders in advance, South Indian Bank aims to minimize uncertainty and help customers plan their banking activities accordingly during the potential strike period.

Indian Bank's management has outlined an optimistic growth trajectory, expressing confidence in their ability to surpass current credit growth guidance while maintaining sustainable expansion into the next fiscal year.

Growth Targets and Strategic Direction

The bank's leadership has set ambitious yet achievable targets for the coming period. Management expects to exceed their existing credit growth guidance and sustain current growth levels into the next year. The bank is specifically aiming for credit growth in the range of 12-13%, indicating a measured approach to expansion.

Asset Quality Focus

Alongside growth ambitions, Indian Bank's management has emphasized their commitment to maintaining and improving asset quality. This dual focus on growth and quality reflects a balanced approach to banking operations, ensuring that expansion does not come at the expense of portfolio health.

The management's guidance suggests confidence in their ability to achieve sustainable growth while managing risk effectively. This approach indicates the bank's commitment to responsible lending practices and long-term stability.

Management Outlook

The positive guidance from Indian Bank's management reflects their assessment of market conditions and internal capabilities. By setting clear growth targets while prioritizing asset quality, the bank appears positioned to navigate the current banking environment effectively.

The 12-13% credit growth target represents a balanced approach that aims to capture market opportunities while maintaining prudent risk management standards. This strategy aligns with broader industry trends toward sustainable growth in the banking sector.