MoneyWorks4Me

South Indian Bank turns black in Q2FY23

20 Oct 2022 Evaluate

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.

Peers
Company Name CMP
HDFC Bank 692.10
ICICI Bank 1341.60
Axis Bank 1243.80
Kotak Mahindra Bank 435.50
Indusind Bank 865.00
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