{"id":"f-e550251d2f-497ce8fa-3edf-55d4-9dbc-7d4c73f7c835","title":"South Indian Bank Q3 Results: Stock in focus on Friday after Q3 profit rises 9%, asset quality improves","description":"The lender's Net Interest Income, or core income that it earns, slightly rose to ₹881 crore from ₹869 crore last year.","timestamp":1768733880,"category":"business","headline":"South Indian Bank Q3 Results: Stock in focus on Friday after Q3 profit rises 9%, asset quality improves","modifiedHeadline":"South Indian Bank Profit Rises 9% in Q3","subCategories":["scid_0f705da1"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"66","fcSummary":"South Indian Bank's shares are in focus as its Q3 net profit rose 9% to ₹374 crore. Net interest income increased 1% to ₹881 crore, while asset quality improved marginally. Gross advances grew 11.27% year-on-year, and total deposits increased 12.17%.","summary":"South Indian Bank's Q3 profit jumps 9% amid improved asset quality, NII slightly up to ₹881cr from ₹869cr. Stock in focus on Friday.","ctaUrl":"https://trends.glance.com/newz/Economy/IN/en/cnbc-tv18/f-e550251d2f-497ce8fa-3edf-55d4-9dbc-7d4c73f7c835","sourceUrl":"https://www.cnbctv18.com/market/south-indian-bank-q3-results-share-price-in-focus-on-friday-after-q3-profit-rises-asset-quality-improves-19821693.htm","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/Dwpx68-DFm70.webp","content":"Shares of South Indian Bank Ltd. will be in focus on Friday, January 16, in response to the lender's results for the October-December period.\n
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\n Net profit for the quarter increased by 9% from last year to ₹374 crore. The lender's other income stood at ₹486 crore.\n\n
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\n The lender's Net Interest Income, or core income that it earns, rose by 1% on a year-on-year basis to ₹881 crore from ₹869 crore during the same quarter last year.\n
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\n Asset quality saw a marginal improvement compared to the September quarter. Gross NPA stood at 2.67% from 2.93% in September, while Net NPA stood at 0.45% from 0.56% in September.\n
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\n In its third quarter business update, the Kerala-based lender said its gross advances rose 11.27% year-on-year to ₹96,765 crore as of December, compared to ₹86,966 crore a year ago.\n\n
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\n The bank said that, adjusted for a technical write-off of ₹900 crore carried out in the March 2025 quarter, year-on-year loan growth would have been 12.43%.\n
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\n Total deposits increased 12.17% YoY to ₹1.18 lakh crore, up from ₹1.05 lakh crore in the year-ago period, reflecting sustained traction in core liabilities.\n
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\n Shares of South Indian Bank closed 5.11% higher on Wednesday ahead of the results announcement at ₹42.54. The stock has risen over 12% so far in 2026.","readDurationInMinutes":"2","author":{"name":"CNBC TV18","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/ecc3d19b-fc52-4a39-881c-5b0936ae723b.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"383191425","type":"COMSCORE"}],"pointerSummary":["South Indian Bank's Q3 net profit rose 9% to ₹374 crore, NII up 1% to ₹881 crore.","Gross NPA improved to 2.67%, Net NPA to 0.45% compared to the September quarter.","Gross advances grew 11.27% to ₹96,765 cr, deposits up 12.17% to ₹1.18 lakh crore."],"tags":["SouthIndianBank","Q3Results","BankStocks","FinancialResults","NetProfit","AssetQuality","GrossNPA","NetNPA","NetInterestIncome","LoanGrowth","Deposits","StockMarket","KeralaBank"],"consent":true,"redirectionEnabled":false}

South Indian Bank Q3 Results: Stock in focus on Friday after Q3 profit rises 9%, asset quality improves

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