The South Indian Bank Limited — Updates, 17-07-2025: Press Release
17-07-2025 | 03:40 pm
17-07-2025 | 03:40 pm
South Indian Bank's Q1 net profit rose 9.46% YoY to Rs. 321.95 Cr. The bank hit its highest ever business of Rs. 2,02,119 Cr and a record Provision Coverage Ratio of 88.82%. Asset quality improved sharply with Net NPA down to 0.68% and Gross NPA to 3.15%. Operating profit jumped 32.41% to Rs. 672.20 Cr. Loan growth was robust, especially in housing (+66%), personal (+26%), and vehicle loans (+27%), reflecting a strategic focus on quality credit and strong retail liabilities.
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