South Indian Bank Ltd.

Bank

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Methodology v1.0 Download Report (PDF)
Latest Rating
A (INDIA_RATINGS)
Total Debt Outstanding
₹1,240 Cr
Across 3 instruments
Listed Bonds
3
First Issue
2017-11-28
Latest Issue
2020-01-24
Maturity Range
2028 - 2029
Observation
3 active bonds tracked from this issuer.
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Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Issuer Type
Bank
First Tracked Bond
2017-11-28
Start of this issuer's debt program timeline
  • 3 active bonds tracked from this issuer.
  • 0 of 3 tracked bonds with a stated security status are secured. (based on 3 bonds with a disclosed security status)

South Indian Bank Ltd., a bank or financial institution, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 9.50% - 13.75%, paid semi annual. Maturities on outstanding bonds fall between 2028 - 2029.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
3
Tracked by RetailBonds
Amount Tracked
₹1,240 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
11.67%
Range 9.50% - 13.75%
Avg Remaining Tenure
2.3 Yrs
Nearest maturity 2028-05
Secured
0%
0 of 3 bonds with known status
Callable
0
Of 3 bonds
Avg Spread vs G-Sec
+537 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (1 bonds).

0 2028: 1 bond, ₹490 Cr tracked, avg coupon 9.50% 1 bond 2028 2029: 1 bond, ₹250 Cr tracked, avg coupon 11.75% 1 bond 2029 2042+: 1 bond, ₹500 Cr tracked, avg coupon 13.75% 1 bond 2042+

Security Type / Instrument Mix

  • NCD 3 bonds · 100% · ₹1,240 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2017: ₹490 Cr issued 2017 2019: ₹250 Cr issued 2019 2020: ₹500 Cr issued 2020 Cumulative: ₹490 Cr Cumulative: ₹740 Cr Cumulative: ₹1,240 Cr

Based on 3 of 3 active bonds with a known issue date and issue size.

03 Credit Profile
  • A 3 bonds · 100%
AgencyRatingOutlookBonds
INDIA_RATINGS A+ 2
INDIA_RATINGS A 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE683A08036 SIBL-9.50%-28-5-28-PVT 9.50% A+ (INDIA_RATINGS) 2028-05-28
INE683A08044 SIBL-11.75%-26-6-29-PVT 11.75% A+ (INDIA_RATINGS) 2029-06-26
INE683A08051 SIBL-13.75%-PERP-PVT 13.75% A (INDIA_RATINGS) 2099-12-30
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YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

No recorded secondary-market trades in the last 30 days.

06 Regulatory Filings
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 3 2020-01-31
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does South Indian Bank Ltd. have?

South Indian Bank Ltd. currently has 3 active bonds with coupons 9.50% - 13.75%, maturities spanning 2028 - 2029.

What is South Indian Bank Ltd.'s credit rating?

The most recent rating on South Indian Bank Ltd.'s bonds is A (INDIA_RATINGS), published by INDIA_RATINGS.

Are South Indian Bank Ltd.'s bonds secured?

Of the 3 bonds with a disclosed security status, 0 are secured (0%) and 3 are unsecured.

When do South Indian Bank Ltd.'s bonds mature?

South Indian Bank Ltd.'s active bonds mature between 2028 - 2029; the nearest matures in 2028-05; the average tenure is 2.3 Yrs.

What is the average coupon on South Indian Bank Ltd.'s bonds?

The average coupon across South Indian Bank Ltd.'s 3 active bonds is 11.67%.

Disclaimer: This page aggregates publicly available data about South Indian Bank Ltd. for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.