South Indian Bank Q1
NII Up 9.5% at ₹ 987 Cr &amp; PAT Up 11% at ₹ 82 Cr (YoY). *Asset Quality Remains Stable:* GNP at 4.93% vs 4.98% (QoQ). NIM has sequentially dipped to 2.62% from 2.67%.
Valuation: The #stocks is trading at significant Discount at P/Bv of 0.25x vs (Peers 0.70x)