South Indian Bank Q3 results: what does analysts estimate

South Indian bank on 15th Oct 2020 reported 23 % decline in net profit at Rs 65.09 crore for September quarter of 2020.

The bank had posted Rs 84.48 crore in July-September 2019-20 and Rs 81.65 crore in June quarter.

Bank’s net NPAs were worth 3,182.16 crore, Bank’s asset quality has slightly improved with NPAs falling to 4.87 percent.

Now coming to December quarter bank is expected to show profit with improvement in asset quality.

By : | Category : Business and Economy| Sub Category : Indian Business News|Date : January 21,2021

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