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Shares of South Indian Bank tumbled 19&nbsp;per cent&nbsp;to Rs 36 on Friday after the bank announced that Managing Director &amp; CEO, Mr. P R Seshadri, will not seek reappointment after his current term ends on September 30, 2026.

Why did South Indian bank shares plunge nearly 19% today?

South Indian Bank on Thursday reported its financial results for the quarter and nine months ended December 31, 2025, showing improvement in operational performance.

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South Indian Bank Q3 FY26 Results: Net profit climbs to Rs 374 crore; Interest income rises 6.2% - Details

Meanwhile, shares of South Indian Bank closed at Rs 29.6 each, down 0.50 per cent on BSE today, June 18, 2025.

South Indian Bank reduces MCLR for multiple tenures effective June 20

The lender's core net interest income grew 6 per cent to Rs 882 crore on the back of a 13 per cent growth in advances and 0.07 per cent narrowing of the net interest margin to 3.24 per cent.

South Indian Bank Q2 net profit rises 18%; employees base declines on automation gains Mumbai

The stock declined 5.10 per cent to settle at Rs 29.20 apiece on the BSE. During the day, it tumbled 6.88 per cent to Rs 28.65.

South Indian Bank stock falls over 5% after reporting 14% decline in March quarter net profit

Tata Motors MoU with South Indian Bank:&nbsp;South Indian Bank will offer financing across the entire commercial vehicle portfolio, and customers, the press release said, will benefit from the bank's wide network and specially curated easy repayment plans.

Tata Motors signs MoU with South Indian Bank for commercial vehicle financing; stocks rise

Under this partnership, the bank will provide competitive dealer finance options to the dealers, it added.

Ashok Leyland partners with South Indian Bank for dealer financing

South Indian Bank share price: The total number of rights equity shares is 5,231,85,254 for an amount aggregating up to Rs 1151.01 crore (assuming full subscription to rights equity shares). The rights issue price is Rs 22 per rights equity share, fully paid up.&nbsp;

&nbsp;

South Indian Bank soars over 7% after lender's board approves rights issue

South Indian Bank New Additional Director:&nbsp;Lakshmi Ramakrishna Srinivas, one of the pioneers in the field of banking, has been appointed as Additional Director of South Indian Bank.

Lakshmi Ramakrishna Srinivas appointed as Additional Director of South Indian Bank 

South Indian Bank on Thursday reported a 23 per cent rise in net profit to Rs 275 crore for the September quarter as provisions for bad loans came down significantly.

South Indian Bank Q2 results: Profit rises 23% to Rs 275 crore

South Indian Bank share price:&nbsp;The lender reported a 75 per cent increase in net profit at Rs 202 crore in the June quarter, helped by a decline in bad loans. The Kerala-based private sector lender had posted a net profit of Rs 115 crore in the year-ago period.

South Indian Bank's stock jumps up to 11% in Friday's session; settles over 6% higher

UDGAM Portal:&nbsp;The launch of the web portal will aid users to identify their unclaimed deposits or&nbsp;accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.&nbsp;

UDGAM: RBI sets up centralised web portal for searching unclaimed bank deposits

The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 5.13 per cent of gross advances at the end of the June quarter from 5.87 per cent a year ago.

South Indian Bank Q1 Results: Profit rises 75% to Rs 202 crore in June quarter

Gainers and Losers:&nbsp;BSE Sensex index gained 123.38 points or 0.20 per cent to settle at 62,027.90, the highest closing level since December 12, 2022. Here's what brokerages suggest.

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South Indian Bank also declared a net profit of Rs 775.09 crore for the fiscal 2022-23, highest-ever in the history of the bank. The growth in net profit is 1623.11 per cent compared to the previous year, it said.

South Indian Bank Q4 net profit climbs nearly 23% to Rs 333.89 crore

South Indian Bank Share Price, South Indian Bank Share Price Target 2023: South Indian Bank shares can yield 42 per cent return from the current market price. The shares of the private bank have delivered a whopping 100 per cent return in the last 6 months.&nbsp;

This private bank's shares have doubled investors' money in just 6 months - Should you book profit?

Several brokerage firms have recommended Federal Bank, Axis Bank, South Indian Bank, IndusInd Bank for bumper returns.

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South Indian Bank MCLR Hike:&nbsp;As per the South Indian Bank’s filing, the overnight MCLR (MCLR) has been increased to 8.65 per cent and the one-month MCLR was raised to 8.70 per cent.

This Kerala-based bank's home loan EMIs set to rise as lender hikes MCLR rates by 15-20 basis points

Budget 2023 Stocks by market experts for this week to buy for 1 year. In this video know which stocks you may add in your portfolio for 1 year with target price and stop loss.

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south-indian-bank

Shares of South Indian Bank tumbled 19 per cent to Rs 36 on Friday after the bank announced that Managing Director &amp; CEO, Mr. P R Seshadri, will not seek reappointment after his current term ends on September 30, 2026.

South Indian Bank on Thursday reported its financial results for the quarter and nine months ended December 31, 2025, showing improvement in operational performance.
 

Meanwhile, shares of South Indian Bank closed at Rs 29.6 each, down 0.50 per cent on BSE today, June 18, 2025.

The lender's core net interest income grew 6 per cent to Rs 882 crore on the back of a 13 per cent growth in advances and 0.07 per cent narrowing of the net interest margin to 3.24 per cent.

The stock declined 5.10 per cent to settle at Rs 29.20 apiece on the BSE. During the day, it tumbled 6.88 per cent to Rs 28.65.

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South Indian Bank

Why did South Indian bank shares plunge nearly 19% today?

South Indian Bank Q3 FY26 Results: Net profit climbs to Rs 374 crore; Interest income rises 6.2% - Details

South Indian Bank reduces MCLR for multiple tenures effective June 20

South Indian Bank Q2 net profit rises 18%; employees base declines on automation gains Mumbai

South Indian Bank stock falls over 5% after reporting 14% decline in March quarter net profit

Tata Motors signs MoU with South Indian Bank for commercial vehicle financing; stocks rise

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Top News

Private training aircraft makes forced landing in Karnataka; instructor and cadet safe

India Inc projects 7.4% growth; flags cyber, geopolitical and AI risks: FICCI-EY survey

India’s forex reserves hit fresh all-time high of $723.8 billion

PM Modi Malaysia Visit: From security cooperation to bilateral payment linkages - India, Malaysia sign 11 agreements

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