South Indian Bank
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Infosys sets up blockchain trade network with seven lenders including Axis Bank, ICICI, Kotak Mahindra
•Infosys on Wednesday said it has set up India Trade Connect, a blockchain-based trade network in India, in partnership with seven lenders
ISACA, IDRBT Recognise Banks For IT Risk Mgmt Programs
Fp Archives •ICICI, Karur Vysya and South Indian Bank earn award for managing IT risk.
SIB Automates Corporate Loan Sanctioning Process
Fp Archives •'Loanflo' will change the way SIB has been doing business as a lender, as it will allow automation of the entire loan processing, sanctioning and tracking system for corporate loans.
South Indian Bank Q2 net rises 18% to Rs 110.52 cr; NPas also climb
•Gross non-performing assets of the bank rose to 3.96% of the gross advances as of September 30
South Indian Bank Q1 profit surges 46% to Rs 95 cr despite rising bad loans
•Gross NPAs, as a proportion of advances, deteriorated to 3.96 percent in the first quarter as against 1.85 percent in the same period last fiscal
South Indian Bank Q2 PAT grows 22% at Rs 93 crore on lower provisioning
Fp Archives •Total income of the private lender increased to Rs 1,526.19 crore during the quarter under review, up 8.55 percent from Rs 1,405.95 crore a year ago
Results decoder: Kotak Bank good show as provisions fall; South Indian sees stress
Dinesh Unnikrishnan123 •Private banks have gained in the recent quarters with their increased focus on low-risk retail lending and gains from their investment portfolios.
CCI rejects Muthoot Mercantile's cartelisation charge against 12 banks
Fp Archives •Gulf-based NRI Yusuffali buys over 2% stake in South Indian Bank
Fp Archives •NRI businessman Yusuffali M A has picked up more than two per cent stake in South Indian Bank for an estimated Rs 63 crore in a move to expand his investment portfolio in the financial sector.<br /><br />
South Indian Bank Q4 net up 26% at Rs 154 crore
Fp Archives •South Indian Bank has reported a 26 per cent rise in net profit at Rs 153.83 crore for the fourth quarter of 2012-13 fiscal.<br /><br />