South Indian Bank Revamping To Remain Competent: IDBI Capital
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IDBI Capital Report
We attended analyst meet hosted by The South Indian Bank Ltd. which showcased its vision for 2024.
Management highlighted its strategies for near to long term with focus on 6Cs, launching new product; creating robust operational team supported by technology platform and revamping credit policy with focus on quality.
Also, leveraging existing and new talent pool to improve underwriting through training and experts, build strong analytical tools for portfolio, and improve collection through analytics, managing non-performing asset through focus on recoveries and rationalization of branches and ATMs.
The Bank lays its vision for 2024 with philosophy of “Fair to customers, Fair to bank”.
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