Hot Pursuit     03-Jan-23
South Indian Bank soars after gross advances rise by 18% YoY in Q3
South Indian Bank jumped 7.79% to Rs 20.75 after the company recorded 18% YoY growth in gross advances to Rs 70,168 crore as on 31 December 2022.

The bank's gross advances as on 31 December 2021 were Rs 59,226 crore.

Total deposits rose by 3% to Rs 90,714 crore as on 31 December 2022 from Rs 88,348 crore as on 31 December 2021.

CASA ratio improved by 189 basis points to 33.84% as on 31 December 2022 from 31.95% as on 31 December 2021.

South Indian Bank is a major private sector bank headquartered at Thrissur in Kerala, India.

The bank reported net profit of Rs 223.10 crore in Q2 FY23 as against net loss of Rs 187.06 crore in Q2 FY22. Total income rose 10.62% year on year to Rs 1,995.24 crore in Q2 FY23.

Previous News
  South Indian Bank revises MCLRs
 ( Corporate News - 18-Apr-23   20:08 )
  South Indian Bank consolidated net profit rises 22.59% in the March 2023 quarter
 ( Results - Announcements 11-May-23   16:49 )
  South Indian Bank revises MCLR rates
 ( Corporate News - 19-May-21   14:24 )
  South Indian Bank
 ( Results - Analysis 26-Jul-19   20:08 )
  South Indian Bank appoints Vinod Francis as CFO
 ( Hot Pursuit - 08-Apr-24   08:30 )
  South Indian Bank launches SIB - OneCard Credit Card
 ( Corporate News - 08-Sep-21   18:42 )
  South Indian Bank
 ( Analyst Meet / AGM - Conference Call 25-Jan-23   17:50 )
  South Indian Bank
 ( Analyst Meet / AGM - Conference Call 26-Jul-19   20:16 )
  South Indian Bank to conduct board meeting
 ( Corporate News - 15-Feb-24   13:43 )
  South Indian Bank hikes MCLR rates by 15-20 bps
 ( Hot Pursuit - 19-Aug-23   16:46 )
  South Indian Bank announces board meeting date
 ( Corporate News - 26-Jul-23   11:28 )
Other Stories
  Eicher Motors CV sales rises 11% YoY in June’24
  01-Jul-24   15:39
  Atul Auto hits record high as sales double to 2,628 units in Jun’24
  01-Jul-24   15:29
  Ashok Leyland slides as total sales slips 2% YoY in June'24
  01-Jul-24   15:16
  Reliance Infrastructure Ltd leads losers in 'A' group
  01-Jul-24   15:00
  Oriental Carbon & Chemicals Ltd leads losers in 'B' group
  01-Jul-24   14:45
  Rane Holdings hits life high on plan to acquire 51% stake in JV
  01-Jul-24   14:45
  Maruti Suzuki rises as total sales jumps 12% YoY in Jun’24
  01-Jul-24   14:37
  Volumes jump at Emami Ltd counter
  01-Jul-24   14:30
  Karur Vysya Bank advances climb 16% YoY in Jun'24
  01-Jul-24   14:14
  SML Isuzu jumps as June sales surges 38% YoY
  01-Jul-24   14:13
Back Top