Shares of South Indian Bank will remain in focus on Friday, as it will be the first from the banking space to declare its July-September quarter results.
For the first quarter ending June 2016, the private sector bank had registered a robust growth of 46 per cent in net profit at ₹95.06 crore against ₹65.29 crore in the corresponding period last year.
As on June 30, the capital adequacy ratio stood at 11.68 per cent. Following a strong first quarter, analysts expect the bank to post a good show this quarter too.