South Indian Bank reports record profit of ₹426.13 crore in September quarter

South Indian Bank reported a net profit of ₹426.13 crore in the September quarter. This marks a 21.28% increase in net profit compared to the same period last year, which was ₹351.37 crore. The bank's net interest income reached a record ₹1,116 crore, up 37.95% from ₹809 crore in the previous quarter. Operational profit also increased by 37%, reaching ₹732 crore.