South Indian Bank's Q4 net down 19% at Rs 127 cr

Kerala-based South Indian Bank has reported 19% fall in net profit at Rs 124.60 crore for the fourth quarter ended March 31, 2014.

It had reported Rs 153.83 crore profit in the January- March quarter of the previous fiscal year 2012-13.

The bank's total income in Q4, 2013-14 was Rs 1,399.18 crore, up from Rs 1,286.37 in the year-ago period.

For the entire 2013-14 fiscal, net profit of the bank rose by a marginal 1.04% at Rs 507.50 crore, while total income rose by 12.9% to Rs 5,383.53 crore.

EDITORIAL OF THE DAY

  • Trade policies must not ring fence specific industry sectors

    Within days of the government setting a floor price for import of steel products to thwart countries such as China from undercutting local mills, gove

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Tushar Gandhi

A democracy must stand up for its people

We are the world’s most populous dem­ocracy, but behave in ...

Purnendu Ghosh

A curious and an innovative mind

Curiosity is hard-wired into our psyche. We all recognise that ...

Shona Adhikari

A good time for European art auctions

This week, we bring you interesting art news and the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture