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Is it good to buy South Indian Bank shares?

Is it good to buy South Indian Bank shares?

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.

What is the future of South India 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.

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Is South Indian Bank is Nationalised?

Originally Answered: Is South Indian bank a nationalized bank? No, it is not a nationalized bank. But first private bank from kerala to become scheduled under RBI act.

Which bank is better SBI or federal bank?

SBI has an average customer ratings of 4.2, while Federal Bank has an average customer rating of 3.5, based on which it is clear that SBI has a high customer service focus, an easy Home Loan process and a quick turnaround. Hence, women borrowers should consider SBI.

What is the intrinsic value of South Indian Bank?

South Indian Bank

As Of Intrinsic Value Market Price
30 Sep 2021 Rs. 6.60 Rs. 10.20
26 Nov 2021 —- Rs. 8.85
-0.15 -1.69\%

Is South Indian Bank Ltd stock a good long-term investment?

According to our live Forecast System, South Indian Bank Ltd. stock is a bad long-term (1-year) investment*. “South Indian Bank Ltd” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis.

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Is South Indian Bank’s share price in a bullish cycle?

According to present data South Indian Bank’s South Indian Bank Ltd shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Currently there seems to be a trend where stocks in the Other Finance and Insurance sector (s) have been popular in this period.

What is the prices page of South Indian Bank?

The Prices page of South Indian Bank Ltd.. captures the information on Price and Volume for a user defined time interval. It also contains the Live Stock Price and Volume, 52 Week High Low, Bid and Offer Price and Volume, Intraday and Historical Price Chart. Intraday Data not available.

What does South Indian Bank do?

South Indian Bank is a publicly held banking company engaged in providing a wide range of banking and financial services including retail banking, corporate banking and treasury operations.