Stock Report

The South Indian Bank Ltd - Business Update as of June 30, 2023



Posted On : 2023-07-03 20:56:44( TIMEZONE : IST )

The South Indian Bank Ltd - Business Update as of June 30, 2023

The South Indian Bank Ltd has announced the business updates for the period ended June 30, 2023, i.e., Q1 FY2023-24.

Total Business of the bank increases 14.53% YoY from Rs. 64,704 crores in Q1 FY23 to Rs. 74,107 crores in Q1 FY24.

Total deposits of the bank increased 8.31% YoY to Rs. 95,524 crores in Q1 FY24 from Rs. 88,196 crores in Q1 FY23.

CASA stood at Rs. 31,171 crores as of June 30, 2023, over Rs. 30,335 crores as of June 30, 2022.

The above data is provisional and is subject to limited review by the Joint Statutory Auditors of the Bank.

Shares of The South Indian Bank Limited was last trading in BSE at Rs. 20.48 as compared to the previous close of Rs. 19.27. The total number of shares traded during the day was 13963640 in over 9399 trades.

The stock hit an intraday high of Rs. 20.68 and intraday low of 19.50. The net turnover during the day was Rs. 280195096.00.

Source : Equity Bulls

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TheSouthIndianBank INE683A01023 BusinessUpdate Q1FY2024