Expect 25% slippages from restructured book: South Indian Bank MD & CEO

The bank is targeting double digit growth, Murali Ramakrishnan, MD & CEO of South Indian Bank said

Murali Ramakishnan

Murali Ramakishnan, managing director (MD) & chief executive officer, South Indian Bank

Manojit Saha
South Indian Bank may look to raise equity capital even if its capital adequacy ratio is healthy. The bank is targeting double-digit growth, Murali Ramakishnan, managing director (MD) & chief executive officer (CEO) said in an interview with Manojit Saha. Edited excerpts:

After two challenging years for the bank, the second quarter numbers are heartening. Do you expect the current financial year to be a normal one?

It would be a normal year as compared to the last two years, which were hit by Covid. Still, we have a little bit of abnormality because of the war (in Europe) and its impact on inflation around the world and India. Because of it, changes were brought by our central bank by

First Published: Nov 20 2022 | 11:34 PM IST

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