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The South Indian Bank has disclosed a security cover certificate for its listed non-convertible debt securities as of December 31, 2024. The certificate, signed by statutory auditors, confirms that all outstanding securities amounting to ₹300 crore, ₹490 crore, and ₹500 crore are secured by unsecured debt, aligning with their parameters. The bank emphasizes that no further borrowings through non-convertible securities were undertaken during this period. Management has ensured compliance with the covenants of the debentures' trust deeds. Stakeholders should be aware of the bank's sound management of its debt obligations, suggesting a stable outlook for bondholders. Monitoring these securities will be crucial in gauging the bank's ongoing financial health and risk management strategies.