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South Indian Bank will hold a meeting of the Board of Directors of the Company on 16 July 2026.

South Indian Bank has received the approval of Reserve Bank of India for the appointment of Mahesh Muralidhar Pai (DIN: 09164982) as Managing Director & CEO of the Bank for a period of three years with effect from 01 October 2026.Further, an agenda for appointment of Mahesh Muralidhar Pai (DIN: 09164982) as the Managing Director & CEO of the Bank will be placed to the Board meeting scheduled to be held on 16 July 2026 and the approval of the shareholders shall be obtained thereafter.

South Indian Bank has allotted 4,47,177 equity shares under ESOS on 24 June 2026. Consequently, as on 24 June 2026 the Issued and Subscribed Capital of Bank stands increased to Rs.2,61,80,66,063.00 divided into 2,61,80,66,063 equity shares of Re.1/- each.

South Indian Bank has allotted 26,996 equity shares under ESOS on 22 May 2026. Consequently, as on 22 May 2026 the Issued and Subscribed Capital of Bank stands increased to Rs.261,76,18,886.00 divided into 261,76,18,886 equity shares of Re.1/- each.

Net profit of South Indian Bank rose 18.98% to Rs 407.40 crore in the quarter ended March 2026 as against Rs 342.41 crore during the previous quarter ended March 2025. Total Operating Income rose 7.84% to Rs 2559.48 crore in the quarter ended March 2026 as against Rs 2373.44 crore during the previous quarter ended March 2025.For the full year,net profit rose 11.71% to Rs 1455.64 crore in the year ended March 2026 as against Rs 1303.10 crore during the previous year ended March 2025. Total Operating Income rose 4.60% to Rs 9846.50 crore in the year ended March 2026 as against Rs 9413.31 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income2559.482373.44 8 9846.509413.31 5 OPM %70.5258.65 -64.5662.38 - PBDT546.53459.25 19 1956.511757.07 11 PBT546.53459.25 19 1956.511757.07 11 NP407.40342.41 19 1455.641303.10 12 Powered by Capital Market - Live News