The South Indian Bank Limited — Others, 29-07-2025: Shareholders meeting

The South Indian Bank has announced its 97th Annual General Meeting on August 20, where shareholders can attend and vote electronically. The bank reported a record net profit of ₹1,303 crore for the financial year 2024-25, a 22% increase, with operating profit at ₹2,270 crore. Total business expanded to ₹1,95,104 crore, driven by deposits of ₹1,07,526 crore and advances of ₹87,579 crore. Asset quality showed significant improvement, with Gross NPA at 3.20% and Net NPA at 0.92%. The bank proposes a dividend of ₹0.40 per share. Key AGM agenda items include approving financial results, appointing auditors, and seeking approval to raise up to ₹1,000 crore via Tier-II bonds.