South Indian Bank to Hold 98th AGM on Aug. 20, 2026; Posts Record FY2025-26 Profit, Proposes Rs 0.45 Dividend, RBI Clears New MD & CEO

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South Indian Bank's 98th AGM highlights record FY2025-26 profit growth, improved asset quality (GNPA down to 1.43%), stable capital adequacy, and a modest dividend increase, alongside RBI approval of a new MD & CEO. The update is primarily routine governance and results disclosure with no surprise policy or risk catalyst, implying limited immediate spillover to broader markets.
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South Indian Bank will convene its 98th Annual General Meeting (AGM) on Aug. 20, 2026, alongside an update on its FY2025-26 performance and governance matters. The bank reported a record net profit of Rs 1455.14 billion for FY2025-26, up 11.7% year on year. Asset quality improved sharply, with the gross non-performing loan (NPL) ratio falling to 1.43%. The capital adequacy ratio stood at 19.66%. The board has recommended a dividend of Rs 0.45 per share, a 12.5% increase from the prior year. The appointment of the new Managing Director and Chief Executive Officer (MD & CEO) has received formal approval from the Reserve Bank of India. The disclosure reflects routine governance and results reporting, with no unexpected policy developments or event-driven risks flagged.