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

  • Reservations, along with economic subsidies, must go to get India moving

    A young man, in his early twenties, starts an agitation demanding reservation for the community he represents.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

The China story isn’t over yet

China’s financial markets are currently in the eye of a ...

Anuja Sharma

Love yourself to love others

“There are two basic motivating forces: fear and love. When ...

Gautam Gupta

It's a 'blog eat blog' world out there

Let me tell you, fashion journalism has truly taken the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture