South Indian Bank posted a growth of 8 per cent in net profit at ₹90.54 crore in the third quarter of the current fiscal against ₹83.85 crore in the corresponding period of the previous fiscal. The bank’s operating profit also grew from ₹332.01 crore to ₹383.14 crore, a growth of 15 per cent.
Net interest income registered a growth of 15.81 per cent, and other income, a growth of 18 per cent. Gross NPA stood at 4.96 per cent and net NPA at 3.44 per cent as on December 31, 2019.
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