South Indian Bank Limited

South Indian Bank Limited is an Indian company in the BFSI industry with 3 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 9.5% to 13.75% a year. Maturity dates run from 28 May 2028 to 30 Dec 2099. NSDL records 0 of the 3 whose terms it holds as secured. Latest credit rating on record: India Ratings AA- (Stable) (action dated 29 Jul 2025). Verify current terms against the official documents linked on this page.

Data as of 5 Nov 2026 (snapshot 20261105-2032) · How this page is compiled

Issuer overview

Industry
BFSI
ISIN issuer code
INE683A
Outstanding bonds (ISINs)
3
Stated coupons (fixed rate)
9.5% – 13.75%
Maturity dates
28 May 2028 – 30 Dec 2099
Secured (NSDL)
0 of 3
Combined issue size of outstanding bonds
₹1,240 crore

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

South Indian Bank bonds: ISIN, coupon and maturity

3 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE683A08036 Bond (NCD) 9.5% Half-yearly 28 Nov 2017 28 May 2028 ₹1,00,000 490 Unsecured None recorded India Ratings AA- 29 Jul 2025
INE683A08044 Bond (NCD) 11.75% Half-yearly 26 Mar 2019 26 Jun 2029 ₹1,00,000 250 Unsecured None recorded India Ratings A+ 1 Aug 2023
INE683A08051 Perpetual debt 13.75% Yearly 24 Jan 2020 30 Dec 2099 ₹1,00,000 500 Unsecured None recorded India Ratings A 31 Jul 2024
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

South Indian Bank credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CARE WITHDRAWN No Outlook Withdrawn 29 Jul 2026 2 Checked 5 Nov 2026
India Ratings AA- Stable Upgrade 29 Jul 2025 3 Verified by NSDL · Over 12 months old · Checked 5 Nov 2026
Rating history
Date Agency Rating Outlook Action
29 Jul 2026 CARE WITHDRAWN No Outlook Withdrawn
31 Jul 2025 CARE AA- Stable Upgrade
29 Jul 2025 India Ratings AA- Stable Upgrade
25 Sep 2024 CARE A+ Stable Reaffirm
25 Sep 2024 CARE WITHDRAWN No Outlook Withdrawn
31 Jul 2024 India Ratings A+ Stable Reaffirm
31 Jul 2024 India Ratings A Stable Reaffirm
28 Sep 2023 CARE A+ Stable Upgrade
1 Aug 2023 India Ratings A+ Stable Upgrade
1 Aug 2023 India Ratings A Stable Upgrade
29 Sep 2022 CARE A Stable Reaffirm
3 Aug 2022 India Ratings A Stable Reaffirm
3 Aug 2022 India Ratings A- Stable Reaffirm
30 Sep 2021 CARE A Negative Reaffirm
21 Aug 2020 India Ratings A Negative —

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CARE, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
24 Jan 2020 INE683A08051 30 Dec 2099 Placement memorandum on BSE
26 Mar 2019 INE683A08044 26 Jun 2029 Placement memorandum on BSE
28 Nov 2017 INE683A08036 28 May 2028 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

South Indian Bank bonds: questions and answers

What bonds has South Indian Bank Limited issued?

South Indian Bank Limited has 3 outstanding bonds recorded on this page. By type, as described by NSDL: 2 bond (ncd), 1 perpetual debt.

What are the ISINs of South Indian Bank Limited bonds?

Its 3 outstanding bonds each have their own ISIN, for example INE683A08036, INE683A08044, INE683A08051. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE683A.

What coupon rates do South Indian Bank Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 9.5% to 13.75% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do South Indian Bank Limited bonds mature?

Its outstanding bonds have maturity dates from 28 May 2028 to 30 Dec 2099. The bond table lists the maturity date of each ISIN.

What is the latest India Ratings credit rating of South Indian Bank Limited bonds?

NSDL India Bond Info records India Ratings AA- (Stable) (action dated 29 Jul 2025) on its outstanding bonds. Checked on NSDL on 5 Nov 2026. The latest action on record is more than 12 months old, so check the agency's website for a more recent rating. A rating is the agency's opinion and can change at any time.

Are South Indian Bank Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 3 outstanding bonds whose terms it holds as secured and 3 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for South Indian Bank Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of South Indian Bank Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 5 Nov 2026 (snapshot 20261105-2032). Facts on this page last changed on 3 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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