Discover and read the best of Twitter Threads about #southindianbank
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#SouthIndianBank Bank101: How security receipts and NPA pool selling transactions with ARCs work. Gold learning for me on the detailing and thanks to Tushar Sarda for asking 1/n
#Q3FY23 #ConcallInsights with Scientific Investing. Give us a shoutout if our work helps🙏
#Q3FY23 #ConcallInsights with Scientific Investing. Give us a shoutout if our work helps🙏
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#SouthIndianBank An interesting personal trivia on South Indian Bank
As added, this at ~Rs 8.4 and get credit from few friends, sharing this trivia. While working as financial consultant in 2013, one of colleague joined from ICICI & his ex-boss was current SIB CEO. 1/n
As added, this at ~Rs 8.4 and get credit from few friends, sharing this trivia. While working as financial consultant in 2013, one of colleague joined from ICICI & his ex-boss was current SIB CEO. 1/n
We did discuss about his experience under previous boss etc. Then, I moved on to another company. In this company, my reporting boss was the one who hired/managed the same gentleman in his previous company. So, I knew someone who reported and someone who managed in terms 2/n
of some discussion over current SIB CEO through these discussions. The day I read, Mr. X joining bank as CEO, those discussions flashed in memory and then, it took almost 8 months of tracking, enquiring further to know about the risks. Further, when the story and charts 3/n
About -
South Indian Bank Ltd (SIB) est. in 1929 is a major private sector bank headquartered at Thrissur in Kerala, India. SIB has 926 branches, 1 service branches, 18 Regional Offices spread across India. The bank has also set up 1,275 ATMs & 120 Cash Deposit Machines.
South Indian Bank Ltd (SIB) est. in 1929 is a major private sector bank headquartered at Thrissur in Kerala, India. SIB has 926 branches, 1 service branches, 18 Regional Offices spread across India. The bank has also set up 1,275 ATMs & 120 Cash Deposit Machines.
Financial Summary -
Q2FY23 (YoY)
NII at ₹726 Cr vs 527 Cr ⬆️38%
Op Profit ₹426 Cr vs 170 Cr⬆️151%
PAT at ₹223 Cr vs (187) Cr ⬆️219%
Net Int Margins at 30-qtr high
Q2FY23 (YoY)
NII at ₹726 Cr vs 527 Cr ⬆️38%
Op Profit ₹426 Cr vs 170 Cr⬆️151%
PAT at ₹223 Cr vs (187) Cr ⬆️219%
Net Int Margins at 30-qtr high
