Stock Report

South Indian Bank hosts Season 1 of National Co-lending Summit - SEED

Posted On : 2025-04-30 09:21:01( TIMEZONE : IST )

South Indian Bank (SIB), one of India's leading scheduled commercial banks, hosted the inaugural edition of the National Co-lending Summit - SEED (Synergizing Emerging Enterprises Digitally) Season 1 on April 29, 2025, at SIB Tower in Kochi, Kerala.

Organised by the Bank's Strategic Alliances & Digital Business Department, the summit marks a significant step towards strengthening co-lending partnerships with emerging and established NBFCs and HFCs. This flagship initiative aligns with the Bank's long-term vision to invite, identify, and engage potential co-lending partners across the Retail, Agriculture, and MSMEs (RAM) segments.

Season 1 of SEED proves to be a powerful platform to explore innovative financing solutions that support inclusive credit access and business growth, particularly for underserved and semi-urban markets. The summit focuses on diverse lending verticals where co-lending can create real impact and scale, on the following; -

Retail lending - Home Loans (Prime and Affordable Housing Finance), Personal Loans and Buy Now Pay Later (BNPL) options, Gold Loans (Agri and Non-Agri), Vehicle Loans (New and Used - Retail and Commercial), Education Loans (Secured and Unsecured)

Agriculture - Term Loans and Supply Chain Finance

MSME's- Loan Against Property (LAP), Commercial Vehicle & Equipment Financing (New and Used), Equated Daily Instalments (EDI)

The National Co-lending Summit - SEED serves to be a nurturing platform for both fintech innovators and lending institutions to co-create smart, scalable, and inclusive financial solutions for Indian borrowers through South Indian Bank.

Many prominent NBFCs/HFCs participated and presented tailored co-lending propositions, along with real-world use cases, to the key decision-makers at SIB. This paves the way to develop faster and quality-driven partnerships and growing the Bank's topline & bottomline.

Shares of The South Indian Bank Limited was last trading in BSE at Rs. 25.63 as compared to the previous close of Rs. 25.59. The total number of shares traded during the day was 1385510 in over 5799 trades.

The stock hit an intraday high of Rs. 26.32 and intraday low of 25.57. The net turnover during the day was Rs. 35859154.00.