South Indian Bank has announced a robust performance for Q3 FY2025, with net profit rising by 12% to ₹341.87 crore, up from ₹305.36 crore in the same quarter last year. Total income also increased by 7% to ₹2,818 crore. The bank's asset quality improved, with gross non-performing assets (NPA) decreasing to 4.30%. Deposits grew by 6.28% whereas Advances grew by 11.90% year-on-year, reflecting the bank's strategic focus on quality credit growth
Source: The Economic Times,
Cnbctv18South Indian Bank has announced a robust performance for Q3 FY2025, with net profit rising by 12% to ₹341.87 crore, up from ₹305.36 crore in the same quarter last year. Total income also increased by 7% to ₹2,818 crore. The bank's asset quality improved, with gross non-performing assets (NPA) decreasing to 4.30%. Deposits grew by 6.28% whereas Advances grew by 11.90% year-on-year, reflecting the bank's strategic focus on quality credit growth
South Indian Bank has announced a robust performance for Q3 FY2025, with net profit rising by 12% to ₹341.87 crore, up from ₹305.36 crore in the same quarter last year. Total income also increased by 7% to ₹2,818 crore. The bank's asset quality improved, with gross non-performing assets (NPA) decreasing to 4.30%. Deposits grew by 6.28% whereas Advances grew by 11.90% year-on-year, reflecting the bank's strategic focus on quality credit growth
Source: The Economic Times,
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