• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney master your money
Moneycontrol

Home » News » Earnings » Results Boardroom

Jan 11, 2017, 02.46 PM | Source: CNBC-TV18

Loan growth target for FY17 is 15%: South Indian Bank

Speaking to CNBC-TV18, VG Mathew, MD & CEO said that gains in treasury income aided other income. Slippages in the third quarter were at Rs 196 crore Y-o-Y.

Like this story, share it with millions of investors on M3

Loan growth target for FY17 is 15%: South Indian Bank

Speaking to CNBC-TV18, VG Mathew, MD & CEO said that gains in treasury income aided other income. Slippages in the third quarter were at Rs 196 crore Y-o-Y.

Post Your Comments

Share Cancel

VG Mathew (more)

MD & CEO, South Indian Bank |

South Indian Bank reported a net profit growth of 9.6 percent to Rs 111.4 crore and net interest income of Rs 417.5 crore, up 2.7 percent year-on-year. Gross non-performing assert (GNPAs) came at 3.98 percent in the third quarter of current fiscal.

Speaking to CNBC-TV18, VG Mathew, MD & CEO said that gains in treasury income aided other income. Slippages in the third quarter were at Rs 196 crore Y-o-Y.

The bank’s loan growth stands at 11.4 percent in Q3. Demonetisation has not impacted the loan growth, Mathew said adding that FY17 loan growth target is 15 percent.

Home loan and loan against property saw a robust growth of 33 percent YoY in the quarter gone-by.

Watch video for more..
Buy, Hold, Sell ? Hear it first on M3
Loan growth target for FY17 is 15%: South Indian Bank

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login