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Financial Express Hyderabad
|October 22, 2025
South Indian Bank posted its highest-ever quarterly net profit of₹351.36 crore in Q2.MD & CEO PR Seshadri tells Narayanan V that the performance was driven by growth in MSME and retail segments, the bank's preparedness for ECL framework, and its cautious approach to jewel loans. Excerpts:
What led to the record profit in Q2?
It's attributable to the quality of our portfolio. Our retail and MSME business volumes grew considerably. Retail disbursements rose 50% yearon-yearto ₹6,513 crore, while MSME disbursements doubled to ₹1,945 crore. Credit costs were also very low. The performance was further aided by other income streams. Our non-interest income grew 26% to ₹516 crore.
But net interest income (NII) slipped 8% to ₹808 crore ...
This story is from the October 22, 2025 edition of Financial Express Hyderabad.
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