What will be the future of South Indian Bank?

South Indian Bank has announced its Vision 2024, which will focus on 6Cs including capital, CASA, cost-to-income, competency building, customer focus, and compliance. Capital remains one of the most important pillars of this strategy and SIB aims to shore-up its capital base over the near term.

Is it worth investing in South Indian Bank?

The bank’s balance sheet is one of the strongest in the industry with a high Tier-1 capital, low RWA/IEA ratio (45\%) and negligible net NPLs (0.4\%). The asset quality of SIB has significantly improved over the past five quarters with GNPLs declining from 2.2\% in Q4 FY09 to 1.3\% in Q1 FY11.

Will South Indian Bank become the next multibagger in banking sector?

Many retail investors are betting on South Indian Bank to become the next multibagger in Banking sector. Just because a stock trading relatively cheaper doesn’t mean its available at attractive price levels and has potential to become multibagger. Let’s look at last 10 years historical performance of South Indian Bank and Bank Nifty index.

Will you regret not buying South Indian Bank in 2026?

Don’t regret not buying this tech in 2026, buy it in 2021. Many retail investors are betting on South Indian Bank to become the next multibagger in Banking sector. Just because a stock trading relatively cheaper doesn’t mean its available at attractive price levels and has potential to become multibagger.

Should you invest in private sector banks for multibagger opportunities?

If you want multibagger opportunities, then go for the bottom two-three private sector banks which have had stellar growth rate in the past but since have lost their way as corporate lending have turned sour for them, says Dipan Mehta, Founder & Director, Elixir Equities. Are we missing something about SBI?

Should I invest in South Indian Bank shares?

Once it crosses and closes above 22.95 on weekly basis, it will catch buying momentum and we can expect 229.50 in 5 to 10 years time frame. South Indian Bank is strong both fundamentally and technically strong. It is recommended to hold the investment. Explore macroeconomics online with MIT.