South Indian Bank Ltd

NSE: SOUTHBANK · BSE: 532218 · Banking and Finance · 51 announcements

Share price: ₹46.94
Market cap: ₹12,296 Cr
Revenue (annual): ₹9,846 Cr
Net profit (annual): ₹1,456 Cr
P/E (TTM): 8.1×Sector 21.9×
Promoter holding: 0.00%+0.00% QoQ
FII holding: 25.39%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

7 May 2026 18:10 IST NSE

South Indian Bank Regulatory Approval

The South Indian Bank Limited received RBI approval for Kotak Mahindra Bank Limited to acquire up to a 9.99% aggregate holding in the bank. The approval is subject to compliance with Banking Regulation Act provisions and RBI directions. This regulatory clearance allows Kotak Mahindra Bank to increase its strategic stake in the private lender.

Read the filing ↗