South Indian Bank Ltd

South Indian Bank Capacity Expansion

The South Indian Bank has opened a new branch in Gachibowli Road, Kondapur. The branch commenced operations on July 27, 2026.

South Indian Bank Capital Structure Change

Kotak Mahindra Mutual Fund increased its stake in South Indian Bank to 5.1595% via open market acquisition. The fund acquired 14,694,332 shares.

South Indian Bank Investor Presentation: Key Takeaways

South Indian Bank reported Q1 FY27 net profit of INR 378 crores, up 17% YoY. The bank saw sequential NIM expansion and robust growth in gold loans and mortgage segments.

South Indian Bank Business Update

South Indian Bank has revised its Marginal Cost of Funds Based Lending Rates (MCLR) across multiple tenors, effective from July 20, 2026.

South Indian Bank Fund Raise of ₹1,000 Cr

South Indian Bank's board approved raising Rs. 1,000 Crore through debt instruments. It also recommended appointing Mahesh Muralidhar Pai as MD & CEO for three years.

Value

₹1,000 Cr

Execution

1 year

South Indian Bank Earnings Call: Key Takeaways

South Indian Bank reported Q1 FY27 Net Profit of ₹378 Cr, up 17.4% YoY. Strategy focuses on shifting from corporate to high-yield MSME and Retail segments while maintaining robust asset quality.

South Indian Bank Results Update

South Indian Bank reported a 17.29% increase in Q1 net profit to Rs. 377.63 Crore. Asset quality improved significantly with GNPA falling to 1.38%.

Value

₹377.6 Cr

South Indian Bank Q1 FY27 Results: Net Profit ₹377.7 Cr, Up 17.2% YoY

South Indian Bank Ltd reported revenue from operations of ₹2,628 Cr (+11.2% YoY) and net profit of ₹377.7 Cr (+17.2% YoY) for Q1 FY27.

Key figure

Net profit ₹377.7 Cr · +17.2% YoY

South Indian Bank Management Change

SOUTHBANK received RBI approval for Mr. Mahesh Muralidhar Pai's appointment as MD & CEO. The 3-year term begins October 1, 2026, pending board and shareholder approval.

Execution

Three years

South Indian Bank Board Meeting Date

South Indian Bank will hold a Board Meeting on July 16, 2026, to review Q1 FY27 results and fund raising. Trading window is closed till July 18, 2026.

South Indian Bank Other Announcement

South Indian Bank updated SEBI on its Company Secretary and RTA details. No material business or financial impact is indicated in this routine compliance filing.

South Indian Bank Results Update

South Indian Bank shared business updates for the June 30, 2026 quarter. Total deposits grew to ₹1,25,786 crore.

South Indian Bank Capacity Expansion

South Indian Bank opened a new branch in Manavalanagar, Thiruvallur on June 30, 2026. This expansion increases the bank's operational footprint.

South Indian Bank Employee Stock Options

South Indian Bank allotted 4,47,177 equity shares under its ESOP scheme. The bank realized Rs. 0.83 Crore from the exercise of these options.

Value

₹0.83 Cr

South Indian Bank Employee Stock Options

South Indian Bank allotted 447,177 equity shares under its employee stock option scheme. This exercise increases the bank's total paid-up share capital.

Value

₹0.78 Cr

South Indian Bank Employee Stock Options

South Indian Bank allotted 4,47,107 equity shares under its ESOS Scheme-2008. The bank received Rs.0.83 Crore from the exercise of these options.

Value

₹7.73 Cr

South Indian Bank Annual General Meeting

Shareholders approved two resolutions via postal ballot: remuneration for the Chairman and appointment of an Independent Director. Both resolutions passed with requisite majority.

South Indian Bank Other Announcement

South Indian Bank approved a candidate panel for the MD & CEO position effective October 2026. The list will be submitted for RBI approval shortly.

South Indian Bank Employee Stock Options

South Indian Bank allotted 26,996 equity shares following ESOP exercises. This increases issued capital to ₹261.76 Crore, reflecting routine employee benefit scheme execution.

Value

₹0.06 Cr

South Indian Bank Management Change

Ms. Biji S S, Chief General Manager, opted for voluntary retirement from South Indian Bank effective June 17, 2026. The bank maintains leadership continuity internally.

South Indian Bank Business Update

South Indian Bank revised its MCLR across multiple tenors effective May 20, 2026. The one-year rate is set at 9.45%, influencing future lending yields.

South Indian Bank Earnings Call: Key Takeaways

South Indian Bank reported record FY26 net profit of ₹1,455 cr, up 12% YoY, driven by strong growth in gold loans and improved asset quality.

South Indian Bank Earnings Call: Key Takeaways

South Indian Bank delivered record net profit for FY26, driven by a strategic shift toward high-yield MSME and retail segments. Asset quality improved significantly, though management acknowledges potential headwinds from global geopolitical stress.

South Indian Bank Regulatory Approval

The South Indian Bank Limited received RBI approval for Kotak Mahindra Bank Limited to acquire up to a 9.99% aggregate holding in the bank. The approval is subject to compliance with Banking Regulation Act provisions and RBI directions. This regulatory clearance allows Kotak Mahindra Bank to increase its strategic stake in the private lender.

South Indian Bank Earnings Call: Key Takeaways

South Indian Bank reported FY26 Net Profit of ₹1,455 cr and Total Income of ₹5,447 cr. The bank is transitioning towards a higher-yield MSME and Retail portfolio with a significant focus on digital-led operational efficiency.

South Indian Bank Earnings Call: Key Takeaways

South Indian Bank reported record FY26 net profit of ₹1,455 cr and total income of ₹5,447 cr, focusing on shifting portfolio mix toward MSME and Retail with improved asset quality.

South Indian Bank Results Update

South Indian Bank reported its highest-ever annual net profit of ₹1455.14 Crore for FY 25-26, a 11.69% YoY growth. The bank's total business reached ₹2,23,620 Crore with significant improvements in asset quality (NNPA at 0.29%). The Board recommended a 45% dividend, reflecting strong operational performance and robust growth across retail and corporate segments.

Value

₹1,455 Cr

South Indian Bank Q4 FY26 Results: Net Profit ₹407.4 Cr, Up 19.0% YoY

South Indian Bank Ltd reported revenue from operations of ₹2,560 Cr (+7.8% YoY) and net profit of ₹407.4 Cr (+19.0% YoY) for Q4 FY26.

Key figure

Net profit ₹407.4 Cr · +19.0% YoY

South Indian Bank Financial Results

South Indian Bank reported a consolidated net profit of ₹1,455.14 Crore for the financial year ended March 31, 2026. The Board recommended a dividend of ₹0.45 per equity share (45%). The results showed a Gross NPA of 1.43% and a Capital Adequacy Ratio of 19.66% under Basel III norms.

Value

₹1,455 Cr

South Indian Bank Employee Stock Options

The South Indian Bank Limited allotted 23,986 equity shares under its SIB ESOS – 2008 scheme across three tranches. The total consideration for the allotment is approximately ₹0.05 Crore. Consequently, the bank's paid-up share capital increased from 2,61,75,67,904 to 2,61,75,91,890 equity shares.

Value

₹0.05 Cr