The South Indian Bank (SOUTHBANK) — Announcement

📢 Key Event
Bank revises MCLR rates effective August 20, 2026

💡 Investor Takeaway
Investors should monitor how this rate adjustment may affect the bank's net interest margin and loan demand in the coming quarters.

The South Indian Bank announced an increase in its Marginal Cost of Funds Based Lending Rates (MCLR) effective August 20, 2026, across multiple tenors, with overnight rates rising to 8.15% and one-year rates to 9.45%. This revision impacts loan pricing for borrowers and reflects the bank's response to evolving funding costs.

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About The South Indian Bank Limited (SOUTHBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹12,095.47 Cr P/E: 8.0 ROE: 13.2% ROCE: 55.5% Div Yield: 0.97%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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