SOUTH INDIAN BANK LTD. - 532218 - Submission Of Disclosure On Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Submission of disclosure on Related Party Transactions pursuant to Regulation 23(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 SOUTH INDIAN BANK LTD. - 532218 - Announcement under Regulation 30 (LODR)-Interest Rates Updates
Change in Marginal Cost of Funds Based Lending Rates (MCLR) of the Bank. SOUTH INDIAN BANK LTD. - 532218 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Conference call for Investors/Analysts -Transcript of the Conference Call SOUTH INDIAN BANK LTD. - 532218 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Conference call for Investors/Analysts -Audio recording of the Conference Call
South Indian Bank Results Earnings Call for Q4FY23
Conference Call with South Indian Bank Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript. SOUTH INDIAN BANK LTD. - 532218 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation under Regulation 30 & 47 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 SOUTH INDIAN BANK LTD. - 532218 - Submission Of Disclosure On Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Submission of disclosure on Related Party Transactions pursuant to Regulation 23(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 SOUTH INDIAN BANK LTD. - 532218 - Announcement under Regulation 30 (LODR)-Investor Presentation
Presentation to Investors and Analysts Q4FY23 Quarterly & FY23 Annual Result Announced for South Indian Bank Ltd.
South Indian Bank announced Q4FY23 & FY23 results: Q4FY23: Net profit for Q4FY23 is up by 22.74% from Rs 272.04 crore in FY22 to Rs 333.89 crore in FY23 Operating profit of Q4FY23 increased by 95.02% from Rs 287.94 crore in FY22 to Rs 561.55 crore in FY23 Return on Equity improved by 1,387 bps from 6.42% to 20.29% QoQ basis Return on Assets increased by 87 bps from 0.39% to 1.26% QoQ basis NIM improved by 15 bps from 3.52% to 3.67% on QoQ basis Net interest income went up from Rs 825.15 crore to Rs 857.18 crore registering a growth of 3.88% on a QoQ basis Focus on quality asset book as well as collection efficiency brought down the provisions from Rs 41 crore in FY22 to Rs 39 crore on a QoQ basis CASA grew by 2% on a YoY basis with growth in SA by 2% and CD by 3% respectively Retail Deposit grew by 5% YoY NRI Deposits grew by 3% YoY Gross advances grew by 17% YoY Corporate Segment went up by 39% YoY, in well-rated borrower accounts Share of A and above rated accounts in large corporate segments improved from 89% to 95% on YoY basis Personal Loan book grew by 116% YoY - Gold Loan portfolio up by 28.26 % YoY More than 2,05,000 credit cards were issued with outstanding book of Rs 796 crore FY23: Operating profit increased by 20.82% from Rs 1,248.57 crore in FY22 to Rs 1,507.33 crore in FY23 Recovery and upgradation in NPA accounts increased from Rs 1,464 crore in FY22 to Rs 1,814 crore in FY23 GNPA came down by 76 bps from 5.90% to 5.14% on a YoY basis NNPA dropped by 111 bps from 2.97% to 1.86% on a YoY basis The Board of directors had recommended a 30% dividend subject to the approval of the shareholders Murali Ramakrishnan, MD & CEO of the Bank, while announcing the results, said, "The strategy of the Business by the bank had contributed to the above performance. During the period, the bank could register growth in all the desired segments with a focus on building quality assets across all verticals like Corporate, SME, Auto Loan, Credit Card, Personal Loan Gold Loan, etc.." He also stated that "in line with the strategic intent of the bank viz, 'Profitability through quality credit growth', the bank could churn around 58% of its advances portfolio since October 2020 amounting to Rs 41,566 crore with a GNPA of only 0.09%." Result PDF SOUTH INDIAN BANK LTD. - 532218 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on Audited Financial Results (Standalone and Consolidated) for the quarter/financial year ended 31st March, 2023.