South Indian Bank will hold a meeting of the Board of Directors of the Company on 29 November 2024Powered by Capital Market - Live News

South Indian Bank has allotted 2,674 equity shares under ESOP on 24 October 2024. With this allotment, the paid up equity share capital has increased to Rs. 261,62,80,535/- divided into 261,62,80,535 equity shares of Re.1/- each.Powered by Capital Market - Live News

South Indian Bank announced that the Marginal Cost of Funds Based Lending Rates (MCLR) applicable for multiple tenors has been revised w.e.f. 20 October 2024 as follows:Overnight MCLR - 7.95%One-month MCLR - 8.60%Three-month MCLR - 9.90%Six month MCLR - 9.95%One year MCLR - 10.05%Powered by Capital Market - Live News

Net profit of South Indian Bank rose 18.15% to Rs 324.79 crore in the quarter ended September 2024 as against Rs 274.89 crore during the previous quarter ended September 2023. Total Operating Income rose 10.60% to Rs 2354.72 crore in the quarter ended September 2024 as against Rs 2129.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income2354.722129.00 11 OPM %62.1563.52 - PBDT440.34409.31 8 PBT440.34409.31 8 NP324.79274.89 18 Powered by Capital Market - Live News

South Indian Bank will hold a meeting of the Board of Directors of the Company on 16 October 2024Powered by Capital Market - Live News