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29th February 2016, 08:35 AM
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Join Date: Apr 2013
Re: Business of South Indian Bank

South Indian Bank Limited is a Private Sector Bank .

It was Founded in 1929 .

It’s Headquarters located at Thrissur City in Kerala, India.

South Indian Bank Has 831 Branches, 4 Service Branches,33 Ext.Counters and 20 Regional Offices Spread Across more than 26 States and 3 Union Territories in India.

Products :
Loans,
Savings,
Investment Vehicles,
Insurance

The Board of Directors is Released The 87th Annual Report of the Bank Along with the Audited Balance Sheet as at March 31,2015 and the Profit and Loss Account for the year ended March 31, 2015.

Performance Of The Bank


Key Parameters Rs. in crore

2014-15 2013-14

Deposits 51912.49 47491.09

Gross Advances 37725.65 36403.10

Total Gross Business 89638.14 83894.19

Operating Profit 816.26 884.35

Net Profit 307.20 507.50

Capital & Reserves 3589.40 3368.05

Capital Adequacy (%) - Basel-II 12.06 12.53

Basel-III 12.01 12.42

Earnings Per Share (EPS) :

(a) Basic EPS (in Rs.) 2.28 3.78

[face value Rs. 1/-]

(b) Diluted EPS ( in Rs.) 2.27 3.77

[face value Rs. 1/-]

Book Value per Share (in Rs.) 26.59 25.06

[face value Rs. 1/-]

Gross NPA as % of Gross Advances 1.71 1.19

Net NPA as % of Net Advances 0.96 0.78

Return on Average Assets (%) 0.56 1.00

Financial Performance Profit (Rs. in Crores)

Profit before depreciation, taxes and provisions 880.89

Less: Depreciation on Fixed Assets@ (1.11)

Provisions for Non-Performing Assets 223.58

Provision for FITL 86.82

Provision for depreciation on investments 13.72

Provision for Income/Wealth Tax 160.75

Provision for standard Assets 31.37

Provision for restructured Assets 32.56

Provision for other Impaired Assets 10.88

Provision for Un-hedged Forex exposure 15.12 573.69

Net profit 307.20

Brought forward from previous year 39.86

Profit available for appropriation 347.06

Appropriations (Rs. in crores)

Transfer to Statutory Reserves 76.81

Transfer to Capital Reserves 3.86

Transfer to General Reserves 50.00

Transfer from Investment Reserve (6.79)

Transfer to Special Reserve 30.00

Proposed Dividend 81.01

Dividend Tax on Proposed Dividend 16.95

Balance carried over to Balance Sheet 95.22

Total Appropriation 347.06


The Break-up of the Deposit as on March 31, 2015 is as under:

Amount (Rs. in crore) % to total Deposits

Current Deposits 1817.85 3.50

Savings Deposits 8868.45 17.08

Term Deposits 41226.19 79.42

Total 51912.49 100.00


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