South Indian Bank reported results for second quarter ended September 30, 2022.
The bank has reported net profit of Rs 223.10 crore for Q2FY23 as against net loss of Rs 187.06 crore for the corresponding quarter previous year. Total income of the bank increased by 10.62% to Rs 1,995.24 crore for Q2FY23 as compared to Rs 1,803.76 crore for the same quarter in the previous year.
South Indian Bank is considered one of the most proactive banks in India with a competent tech savvy team of professional at the core of services.