What is the financial status of South Indian Bank?

Balance Sheet of South Indian Bank (in Rs. Cr.) Mar 21 Mar 18
Total Share Capital 209.27 180.88
Revaluation Reserve 0.00 240.32
Reserves and Surplus 5,597.89 4,820.02
Total Reserves and Surplus 5,597.89 5,060.34

Is it good to buy South Indian Bank share?

Presently, SIB has the highest Tier-I capital amongst private banks at 13.1% providing more than sufficient headroom to grow at the targeted pace. The bank’s balance sheet is one of the strongest in the industry with a high Tier-1 capital, low RWA/IEA ratio (45%) and negligible net NPLs (0.4%).

Is South Indian Bank safe investment?

So, Kotak Bank, HDFC Bank, RBL Bank, ICICI Bank, Axis Bank, and IndusInd Bank are said to be ‘safe’, while Federal Bank, Karur Vysya Bank, Karnataka Bank, Dhanlaxmi Bank and South Indian Bank are in the ‘red zone’.

How is the performance of South Indian Bank?

Mid-range performer: Stock with medium financial performance with average price momentum and valuation.

MC Insights.

Revenue 6.5%
OperatingProfit 2.6%
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Is South Indian Bank share a good buy in 2021?

The South Indian Bank Limited (NSE: SOUTHBANK)

As on 26th Jul 2021 SOUTHBANK Share Price closed @ 10.95 and we RECOMMEND Buy for LONG-TERM with Stoploss of 8.86 & Sell for SHORT-TERM with Stoploss of 11.53 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is South Indian Bank a penny stock?

One bank that many investors may have ignored is South Indian Bank. This penny stock traded at Rs 9.21 per share on Thursday and has gained by more than 26 per cent in just one month. … The stock made a year low at Rs 4.93 per share and is up by 64 per cent from its lows in 2020.

Is South Indian Bank a Nationalised bank?

Short answer – No. It is not a nationalized bank. It was first among the private sector banks in Kerala to become a scheduled bank in 1946 under the RBI Act.

Which is the safest bank in India?

Recently, DBS Bank India was recognised as ‘India’s Best International Bank 2021’ by Asiamoney. DBS was named ‘Safest Bank in Asia’ for the 12th consecutive year by New York-based trade publication Global Finance in 2020.

What is the future of South Indian Bank?

South Indian Bank has announced its Vision 2024, which will focus on 6Cs including capital, CASA, cost-to-income, competency building, customer focus, and compliance. Capital remains one of the most important pillars of this strategy and SIB aims to shore-up its capital base over the near term.

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Which mutual funds are best to invest now?

EQUITY HYBRID DEBT OTHERS Filter

Scheme Name Plan Category Name
Kotak Bluechip Fund – Growth Regular Large Cap Fund
Quant Active Fund – Direct Plan – Growth Direct Plan Multi Cap Fund
Quant Active Fund – Growth Regular Multi Cap Fund
Mirae Asset Emerging Bluechip Fund – Direct Plan – Growth Direct Plan Large & Mid Cap Fund

Is South Indian Bank a multibagger?

Many retail investors are betting on South Indian Bank to become the next multibagger in Banking sector. … Here’s the comparison of performance of South Indian bank stocks vs Kotak and ICICI, its is clearly evident that South Indian Bank stock has performed very poorly when all other bank stocks performed very well.

Which bank share is Best Buy?

Bank Nifty stocks to buy today: Experts recommend ‘buy’ on HDFC Bank, ICICI Bank

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What is the book value of South Indian Bank?

South Indian Bank’s Key Fundamentals

Parameter Values
Market Cap (in ₹ Cr.) 1,990.65
Earning Per Share (EPS TTM) (₹) 1.37
Price To Earnings (P/E) Ratio 8.03
Book Value Per Share (₹) 28.16
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