With a GDP growth of 6.5%, we will be growing at 13%: South Indian Bank CEO

The road map is clear that we want to grow in retail, as it helps us in diversifying the business, says Ramakrishnan, MD & CEO, South Indian Bank.

The tenure of Murali Ramakrishnan as managing director (MD) and chief executive officer (CEO) of South Indian Bank is set to be over by September 2023. During the first quarter of 2023, the bank posted a 75 per cent rise in net profit. Ramakrishnan lines up the reasons for the good show and the future outlook for the bank, in a telephonic interview with Shine Jacob. Edited excerpts:

When you took charge, you said your focus is on retail and small-and-medium enterprises (SMEs). Still, the majority of your loan book or around 37 per cent is coming from corporate. What