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

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