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ET Now · 27 Oct 2026 · 24 min
Management interview of South Indian Bank Ltd (SOUTHBANK), with 11 key numbers discussed.
- Mahesh Muralidhar Pai, MD and CEO, South Indian Bank
South Indian Bank is aiming to grow its loan book at 1% above the industry average, driven by RAM, MSME, and gold loans. MD & CEO Mahesh Muralidhar Pai stated that the bank's book is predominantly floating and mostly secured. Management maintains a prudent approach with accelerated provisioning, keeping PCR around 89-90%. While macro factors like inflation and oil prices are being monitored, slippages remain low and no stress is seen in the gold or MSME books. The bank aims for an ROA of 1.4-1.5% as a medium-term target.