ALSO READRBI allows more equity buying in South Indian Bank South Indian Bank standalone net profit rises 3.52% in the March 2017 quarter South Indian Bank's rights issue in 1:3 to augment capital South Indian Bank gains after board plans to consider rights issue South Indian Bank standalone net profit rises 9.59% in the December 2016 quarter
Of Rs 0.4 per shareSouth Indian Bank announced that the Board of Directors of the Company at its meeting held on 15 May 2017, inter alia, have recommended the final dividend of Rs 0.4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.
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