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The South Indian Bank LimitedUpdates, 15-05-2025: Press Release

15-05-2025 | 03:35 pm

South Indian Bank posted a record net profit of Rs. 1,302.88 Cr for FY25, up 21.75% YoY, with operating profit rising 21.55% to Rs. 2,270.08 Cr. Advances grew 8.89% to Rs. 87,578.52 Cr, led by 54.97% jump in housing loans and 12.82% rise in corporate lending. Deposits rose 5.5%, with retail deposits up 7.17%. Asset quality improved as Gross NPA fell 130 bps to 3.20%, and Net NPA is below 1%. The Board has announced a meeting to declare the financial results and proposed a 40% dividend.

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