Banking Details

General information about company
Scrip code	532218
NSE Symbol	SOUTHBANK
MSEI Symbol	NOTLISTED
ISIN	INE683A01023
Name of bank	The South Indian Bank Limited
Class of security	Equity
Date of start of financial year	01-Apr-2025
Date of end of financial year	31-Mar-2026
Date of board meeting when results were approved	17-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	10-Jul-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	First quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	17-Jul-2025 11:00:00
End date and time of board meeting	17-Jul-2025 13:10:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
There was no default on loans and debt securities during the period under consideration.

Financial Results - Banking
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Apr-2025
B	Date of end of reporting period	30-Jun-2025
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
1	Interest earned
	Interest or discount on advances or bills	18826600000	18826600000
	Income on investments	3639000000	3639000000
	Interest on balances with reserve bank of India and other inter bank funds	562900000	562900000
	Others	595900000	595900000
	Total interest earned	23624400000	23624400000
2	Other income	6218900000	6218900000
3	Total income	29843300000	29843300000
	Expenses
4	Interest expenses	15298700000	15298700000
5	Operating expenses
(i)	Employees cost	4204200000	4204200000
(ii)	Details of other operating expenses
	Description of other operating expenses
1	Depreciation	275300000	275300000
2	Insurance	361400000	361400000
3	Office Expense	75300000	75300000
4	Communication Expense	201100000	201100000
5	Rent Rates and Taxes	464300000	464300000
6	Repairs	253400000	253400000
7	Travelling Expense	233600000	233600000
8	Others	1754000000	1754000000
	Total other operating Expenses	3618400000	3618400000
	Total Operating Expenses	7822600000	7822600000
6	Total expenditure excluding provisions and contingencies	23121300000	23121300000
7	Operating profit before provision and contingencies	6722000000	6722000000
8	Provisions other than tax and contingencies	2392600000	2392600000
9	Exceptional items	0	0
10	Total profit (loss) from ordinary activities before tax	4329400000	4329400000
11	Provision for Tax	1109900000	1109900000
12	Net profit (loss) from ordinary activities after tax	3219500000	3219500000
13	Extraordinary items net of tax expenses	0	0
14	Net profit (loss) for the period	3219500000	3219500000
15	Share of profit (loss) of associates
16	Profit (loss) of minority interest
17	Net Profit (loss) after taxes minority interest and share of profit (loss) of associates	3219500000	3219500000

18	Details of equity share capital [Abstract]
	Paid-up equity share capital	2616300000	2616300000
	Face value of equity share capital	1	1
19	Reserve excluding revaluation reserves (as per balance sheet of previous accounting year)

20	Analytical ratios
(i)	Percentage of share held by government of India	0	0
(ii)	Capital adequacy ratio
	CET 1 ratio	18.25	18.25
	Additional Tier 1 ratio	0	0
(iii) (a)	Earnings per share before extraordinary items
	Basic earnings per share before extraordinary items	1.23	1.23
	Diluted earnings per share before extraordinary items	1.23	1.23
(iii) (b)	Earnings per share after extraordinary items
	Basic earnings per share after extraordinary items	1.23	1.23
	Diluted earnings per share after extraordinary items	1.23	1.23
(iv)	NPA Ratios
	Amount of gross non-performing assets	28065700000	28065700000
	Amount of net non-performing assets	5913800000	5913800000
	% of gross NPAs	3.15	3.15
	% of net NPAs	0.68	0.68
	Return on assets	1.01	1.01
21	Disclosure of notes on financial results by banks	Textual Information(1)

Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2025
Date of end of reporting period		30-Jun-2025
Whether results are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Treasury	7311400000	7311400000
2	Corporate/ Wholesale Banking	8569000000	8569000000
3	Digital Banking	2215800000	2215800000
4	Other Retail Banking	10785100000	10785100000
5	Other Banking Operations	962000000	962000000
	Total Segment Revenue	29843300000	29843300000
	Less: Inter segment revenue
	Income from operations	29843300000	29843300000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Treasury	2036900000	2036900000
2	Corporate/ Wholesale Banking	-96800000	-96800000
3	Digital Banking	211100000	211100000
4	Other Retail Banking	1846400000	1846400000
5	Other Banking Operations	331800000	331800000
	Total Profit before tax	4329400000	4329400000
	i. Finance cost	0
	ii. Other Unallocable Expenditure net off Unallocable income	0
	Profit before tax	4329400000	4329400000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Treasury	263610400000	263610400000
2	Corporate/ Wholesale Banking	525627300000	525627300000
3	Digital Banking	55447500000	55447500000
4	Other Retail Banking	394550900000	394550900000
5	Other Banking Operations	169400000	169400000
6	Treasury	263610400000	263610400000
7	Corporate/ Wholesale Banking	525627300000	525627300000
8	Digital Banking	55447500000	55447500000
9	Other Retail Banking	394550900000	394550900000
10	Other Banking Operations	169400000	169400000
	Total Segment Assets	1239405500000	1239405500000
	Un-allocable Assets	38297900000	38297900000
	Net Segment Assets	1277703400000	1277703400000
4	Segment Liabilities
	Segment Liabilities
1	Treasury	243698300000	243698300000
2	Corporate/ Wholesale Banking	490403700000	490403700000
3	Digital Banking	51731800000	51731800000
4	Other Retail Banking	368111000000	368111000000
5	Other Banking Operations	0	0
6	Treasury	243698300000	243698300000
7	Corporate/ Wholesale Banking	490403700000	490403700000
8	Digital Banking	51731800000	51731800000
9	Other Retail Banking	368111000000	368111000000
10	Other Banking Operations	0	0
	Total Segment Liabilities	1153944800000	1153944800000
	Un-allocable Liabilities	19717600000	19717600000
	Net Segment Liabilities	1173662400000	1173662400000
	Disclosure of notes on segments	For the above segment reporting, the reportable segments are identified into Treasury, Corporate/Wholesale Banking, Retail Banking (including Digital Banking) and Other Banking Operations in compliance with the revised RBI Guidelines. The Bank operates in India.

Sr No.	Audit firm's name	Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI	Certificate valid upto
1	K Venkatachalam Aiyer & Co	Yes	31-Dec-2027
2	M. P. Chitale & Co	Yes	31-Jul-2025

INTEGRATED FILING — BANKING

General information about company

Financial Results - Banking

Text Block

Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Details of Impact of Audit Qualification

Text Block
Textual Information(1)	'The above standalone financial results for the quarter ended June 30, 2025 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 17, 2025. These results have been subjected to limited review by the Joint Statutory Central Auditors M/s. K Venkatachalam Aiyer & Co, Chartered Accountants and M/s. M.P. Chitale & Co, Chartered Accountants of the Bank. The report thereon is unmodified. The financial results for the quarter ended June 30, 2024 were reviewed by Joint Statutory Central Auditors M/s. CNK & Associates LLP, Chartered Accountants and M/s. K Venkatachalam Aiyer & Co, Chartered Accountants. The Bank has consistently applied its significant accounting policies in the preparation of its financial results during the quarter ended June 30, 2025 as compared to those followed for the year ended March 31, 2025. 'The financial results have been arrived at after considering provision for standard assets (including requirements for exposures to entities with unhedged foreign currency exposures), provision for non-performing assets (NPAs), provision for non-performing investments, provision for income-tax and other usual and necessary provisions. 'Other Income includes Profit on sale of investments (net), provision for appreciation/(depreciation) on eligible investments, earnings from foreign exchange and derivative transactions, commission from non – fund based banking activities, income from sale of PSL Certificates, income from card business, income from bancassurance business, recoveries from advances written off etc. 'Other expense includes Insurance, Rent, Repair, Depreciation, Communication expenses, Outsourced manpower charges, premium paid on PSLC purchase, CSR, Card expenses etc. 'The Capital Adequacy Ratio is computed on the basis of RBI guidelines applicable on the relevant reporting dates and the ratio for the corresponding previous period is not adjusted to consider the impact of subsequent changes if any, in the guidelines. 'The figures of the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year up to March 31, 2025 and the unaudited published year to date figures up to December 31, 2024 being the date of the end of the third quarter of the financial year which were subjected to Limited Review 'In accordance with the RBI Circular DBR.No.BP.BC.1/21.06.201/2015-16 on Basel III capital regulations dated July 1, 2015, as amended and RBI circular DBR.NO.BP.BC.80/21.06.201/2014-15 dated March 31, 2015 on prudential guidelines on Capital Adequacy and Liquidity Standards amendments and RBI Circular DBR.BP.BC.No.106/21.04.098/2017-18 dated May 17, 2018 - 'Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines', Banks are required to make Pillar III disclosures including leverage ratio and liquidity coverage ratio under Basel III framework. The Bank has made these disclosures which are available on its website at the following link. https://www.southindianbank.com/content/disclosure-under-basel-2-basel-3-guidelines/880 These disclosures have not been subjected to audit/review by the Joint Statutory Central Auditors. Disclosures as per Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions 2021 dated September 24, 2021 for the loans transferred/acquired during the quarter ended June 30, 2025 are given below; (i) The Bank has not transferred any Special Mention Account (SMA) and loan not in default during the quarter (ii) Details of loans not in default acquired through assignment are given below Aggregate amount of loans acquired (` in Lakhs) 69,372.01 Weighted average residual maturity (in months) 39.65 Weighted average holding period by originator (in months) 8.84 Retention of beneficial economic interest by the originator 10% Tangible security coverage 187.71% The loans acquired are not rated as these are to non-corporate borrowers (iii) Bank has not acquired any stressed loans during the quarter (iv) During the quarter ended June 30, 2025, Bank has not transferred any Non Performing Assets (v) Details of recovery ratings assigned to Security Receipts as at June 30, 2025 ` in lakhs Recovery Ratings * Anticipated Recovery as per Recovery Rating Book value NR1 / R1 +/RR1 + > 150% - NR2/ R1 /RR1 100% - 150% - NR3/ R2 / RR2 75% - 100% 7,032.88 R3/ NR4 / RR3 50% - 75% - NR5 / RR4 / R4 25% - 50% - NR6 / RR5 / R5 0% - 25% - Yet to be rated # - 11,927.30 Unrated - - Total 18,960.18 * Recovery Rating is as assigned by various external rating agencies # Recent purchases whose statutory period not yet elapsed. 'During the quarter ended June 30, 2025, the Bank allotted 38,649 shares, pursuant to the exercise of stock option. 'Previous period's figures /ratios have been regrouped / reclassified, wherever necessary to conform to current period's classification.