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South Indian Bank Completes Rs 300 Crore Bond Redemption Oct 31, 2025

South Indian Bank has successfully redeemed its Non-Convertible, Redeemable, Unsecured, Basel III Compliant, Tier II Bonds. The bank repaid the principal amount of Rs 300 crores and made an interest payment of Rs 18.03 crores. The bonds, with a face value of Rs 10 lakh each and a coupon rate of 10.25% per annum, were fully redeemed on the maturity date. The bank redeemed 3,000 bonds in total, leaving no outstanding amount post-redemption. The interest payment was made on October 31, as scheduled.

South Indian Bank Reports 8% Net Profit Growth in Q2, NIM at 2.8% Oct 22, 2025

South Indian Bank Reports Record Quarterly Profit, Targets Sustained Growth in Retail and MSME Segments Oct 16, 2025

South Indian Bank Reports Robust Q2 FY26 Results with Net Profit of ₹618.82 Crore Oct 16, 2025

South Indian Bank Reports Robust Growth in Q2 FY26, Credit Rating Upgraded Oct 01, 2025

More news about South Indian Bank

18Sept 25

South Indian Bank Announces Maturity Details for Rs 300 Crore Tier II Bonds

South Indian Bank's Non-Convertible, Redeemable, Unsecured, Basel III Compliant Tier II Bonds (ISIN: INE683A08028) will mature on October 31, 2025. The bonds, issued on September 30, 2015, have a face value of Rs. 10,00,000 each with a 10.25% coupon rate. The total issue size is Rs 300 crore. Final interest payment and principal repayment will be made to eligible bondholders as of the record date, October 16, 2025. The bank's liability towards bondholders will cease after the maturity date.

18Aug 25

South Indian Bank Announces Revised MCLR Rates Effective August 20, 2025

South Indian Bank has announced changes to its Marginal Cost of Funds Based Lending Rates (MCLR) across multiple tenors, effective from August 20, 2025. The overnight MCLR is set at 8.20%, while the one-year MCLR stands at 9.70%. The bank has introduced a gradual increase in rates from shorter to longer tenors. This revision is likely to impact borrowers with MCLR-linked loans. The announcement was made in compliance with SEBI regulations and communicated to both NSE and BSE.

23Jul 25

South Indian Bank Reports 10% Profit Growth, Crosses ₹2 Lakh Crore Business Milestone in Q1

South Indian Bank reported robust Q1 results with net profit up 10% to ₹322 crores and operating profit rising 32% to ₹672 crores year-on-year. The bank's total business surpassed ₹2 lakh crore, growing 9% to ₹2,02,119 crores. Asset quality improved significantly with gross NPA reducing to 3.15% and net NPA to 0.68%. Key financial metrics showed strength with ROA at 1.01% and ROE at 12.41%. The bank saw growth across various loan segments, including a 66% increase in home loans. Management expects credit growth to exceed 12% for the fiscal year.

17Jul 25

South Indian Bank: Q1 Profit Up 10% YoY Despite NII Dip, Asset Quality Improves

South Indian Bank's Q1 results show a 10% year-over-year increase in net profit to ₹322.00 crore, despite a 4% decrease in Net Interest Income to ₹832.00 crore. The bank's asset quality improved with Gross Non-Performing Assets (GNPA) reducing to 3.15% from 3.20% and Net Non-Performing Assets (NNPA) decreasing to 0.68% from 0.92% in the previous quarter. These results demonstrate the bank's effective cost management, operational efficiency, and strengthened risk management practices.

10Jul 25

South Indian Bank Announces Board Meeting to Discuss Fund Raising Plans

South Indian Bank has scheduled a board meeting for July 17, 2025, to review Q1 FY2026 financial results and discuss various fund-raising options. The bank will consider equity fund-raising through methods like QIP, preferential issue, GDRs, ADRs, FCCBs, and FPO. Additionally, the board will explore issuing debt securities in Indian or foreign currency. The trading window for insiders is closed from July 1 to July 19, 2025, in compliance with SEBI regulations.

02Jul 25

South Indian Bank Reports Robust Growth in Advances and Deposits for Q1

South Indian Bank has announced significant growth in key financial metrics for the first quarter. Gross advances increased by 8.02% year-over-year to ₹89,201.00 crore. Total deposits rose by 9.07% to ₹1,13,000.00 crore. CASA deposits grew by 9.06% to ₹36,204.00 crore, with the CASA ratio remaining stable at 32.06%. This balanced growth in both advances and deposits indicates the bank's expanding market presence and potential for improved profitability.

01Jul 25

South Indian Bank: Q1 Gross Advances Grow 8%, Deposits Rise 9%

South Indian Bank announced significant growth in key financial metrics for Q1 FY24. Gross advances increased by 8.02% year-over-year to ₹89,201.00 crore, while total deposits rose by 9.07% to ₹1,13,000.00 crore. CASA deposits grew by 9.06% to ₹36,204.00 crore, maintaining a CASA ratio of 32.06%. This balanced growth in both advances and deposits indicates the bank's expanding market presence and improved financial health.

19May 25

South Indian Bank Sets Ambitious Loan Growth Target for FY26, Focusing on MSME and Retail Sectors

South Indian Bank has announced its FY26 growth strategy, aiming for over 12% loan growth with a focus on MSME and retail segments. The bank expects 20%+ growth in its MSME loan book. Asset quality has improved with GNPAs at 3.20% and Net NPAs at 0.92%. The bank aims to reduce its cost-to-income ratio by 200-250 basis points this fiscal year. However, a slight compression in net interest margins by 10-12 basis points is anticipated.

16May 25

South Indian Bank's Q4 Profit Soars 57.6%, Asset Quality Improves; Stock Hits 11-Month High

South Indian Bank (SIB) reported a 57.6% year-on-year increase in Q4 profit, reaching Rs 683.00 crore. The bank's board announced a dividend of Rs 0.40 per equity share. Asset quality improved with gross NPA ratio declining to 3.20%. For FY 2024, SIB's revenue grew by 25.88% to Rs 10,128.30 crore, net profit increased by 38.06% to Rs 1,070.10 crore, and EPS rose by 46.13% to Rs 5.10. The stock price reached an 11-month high following the announcement.

15May 25

South Indian Bank: Q4 Profit Surges 58%, Shares Hit 9-Month High

South Indian Bank announced strong Q4 FY2024 results with net profit rising 57.60% to ₹683.00 crore. The bank's Gross Non-Performing Assets improved to 3.20%. Gross advances grew by 10.00% to ₹88,447.00 crore, while retail deposits increased by 7.44% to ₹1.05 lakh crore. The bank declared a dividend of ₹0.40 per share, and its stock reached a nine-month high, rising 1.39% to ₹27.25.

14May 25

South Indian Bank to Announce Q4 Results and FY24 Dividend on May 15

South Indian Bank will disclose its Q4 and FY24 financial results on May 15, 2023. The board will review and approve the results, and consider a dividend recommendation for FY24. An earnings call is scheduled for May 16 to discuss the performance. The trading window for designated persons is closed from April 1 to May 17, 2023.

03Apr 25

South Indian Bank Reports Robust Growth in Advances and Deposits for FY 2025

South Indian Bank's provisional figures for FY 2025 show significant growth. Gross advances increased by 9.97% to Rs 88,447.00 crore. Total deposits grew by 5.50% to Rs 107,526.00 crore, with retail deposits up 7.44%. CASA deposits rose by 3.17% to Rs 33,730.00 crore, although the CASA ratio slightly decreased from 32.08% to 31.37%.

02Apr 25

South Indian Bank Reports Robust Growth in Advances and Deposits for FY 2025

South Indian Bank's provisional figures for FY 2024-25 show significant growth. Gross advances increased by 9.97% to Rs 88,447.00 crore, while total deposits grew by 5.50% to Rs 107,526.00 crore. Retail deposits rose by 7.44% to Rs 105,011.00 crore, and CASA deposits increased by 3.17% to Rs 33,730.00 crore. The bank also reported timely interest payments on its bonds and compliance with securities dematerialization regulations.

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