Is it worth Buy South Indian Bank share?
Table of Contents
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.
South Indian Bank stock ends lower after Q1 net profit falls on higher provisions related to COVID 2.0. The bank posted a profit after tax (PAT) for the Jun-21 quarter that was sharply down at Rs10.
Is South Indian Bank is safe?
Yes, of course. They are quite safe. Thanks to strong regulation and supervision by Reserve Bank of India and system of internal control of banks, they are well capitalized, well managed and effectively regulated.
Are there any possible the South Indian Bank Limited share price targets?
These share price targets given for The South Indian Bank Limited SOUTHBANK are very strong targets and levels, and are valid for immediate and current trading for the month of September 2021 These are possible The South Indian Bank Limited share price targets. These share price targets are valid for The South Indian Bank Limited for 2021
Is South Indian Bank’s net profit per employee declining?
The advances growth rate (YoY) for South Indian Bank Ltd. turned negative for the first time in last 5 years. (Source: Standalone Financials) Net profit per employee has been continuously declining over the last 3 years with a growth of -38.98\% last year.
What is the history of South Indian Bank?
South Indian Bank Ltd., incorporated in the year 1929, is a banking company (having a market cap of Rs 1990.69 Crore).
What are the key products/revenue segments of South Indian Bank?
South Indian Bank Ltd., incorporated in the year 1929, is a banking company (having a market cap of Rs 2,595.00 Crore). South Indian Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2020.