South Indian Bank FY26 Net Profit Up 11.7% to ₹1,455 Cr

South Indian Bank reported its highest ever annual net profit of ₹1,455.14 Cr, growing 11.69% YoY and recommended a 45% dividend.
Asset quality improved significantly with GNPA dropping 177 bps to 1.43% and NNPA reducing 63 bps to 0.29% on a YoY basis.
Total business reached a record ₹2,23,620 Cr with advances growing 14.50% and deposits increasing 14.73% year-over-year.
The bank won six IBA Banking Technology Awards highlighting its digital transformation and technology adoption efforts.