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South Indian Bank net up

KOCHI: The Thrissur-based South Indian Bank has recorded a net profit of Rs. 64.80 crores for the nine months ended December 31, 2003 against Rs. 54.70 crores, a growth of 18.5 per cent. The bank Chairman, A. Sethumadhavan, said the operating profit had shot up to Rs. 197.75 crores from Rs. 161.23 crores, after provisioning against NPAs. The total business of the bank grew from Rs. 9440 crores to Rs. 11,136 crores. — Our Bureau

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