South Indian Bk offer in Rs 60-66 band

The board of directors of South Indian Bank, which met today, finalised a price band of Rs 60-66 per share for the public offer that opens on February 10, 2006.

According to a release issued by the bank to the BSE today, the minimum bid has to be for 100 shares, and multiples be applied for has also been fixed at 100 shares.