South Indian Bank
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November 20, 2020, Friday
South Indian Bank to acquire 6.67% stake in IBBIC Pvt Ltd for Rs 5 lakh
The South Indian Bank Limited will hold 6.67 per cent shareholding in IBBIC through acquisition of 50,000 equity shares with face ...
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October 10, 2020, Saturday
Balancing tradition and new systems key for old, traditional banks: Experts
These banks need to understand their limitations and balance tradition with new age banking systems, they say
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October 09, 2020, Friday
PE investors, foreign banks taking majority stakes may rescue old pvt banks
Several of these banks were placed under the Prompt Corrective Action (PCA) framework of additional regulator scrutiny but this ...
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August 05, 2020, Wednesday
South Indian Bank gets RBI's nod to set up non-financial subsidiary
Private sector lender South Indian Bank (SIB) on Wednesday said the RBI has given an in-principle approval for setting up a ...
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July 08, 2020, Wednesday
MARKET WRAP: Indices snap 5-day rally, Sensex slips 345 pts; IT, autos fall
All that happened in the markets today
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July 06, 2020, Monday
Market Ahead, July 6: Top factors that could guide markets this week
At 7:10 AM, SGX Nifty was trading more than 50 points higher at around 10,630 levels, indicating a higher opening for the Sensex ...
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June 26, 2020, Friday
South Indian Bank posts Q4 loss of Rs 190 cr, income grows to Rs 2,342 cr
The bank made a one time provisioning of Rs 255 crore on some large value non performing assets (NPA) it sold to an asset ...
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January 16, 2020, Thursday
South Indian Bank announces rise of 8% in Q3 net profit at Rs 90.54 cr
The provision coverage ratio of the bank has improved to 50.37% from 41.17% a year ago
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December 13, 2019, Friday
South Indian Bank needs Rs 1,000 cr tier-I capital in next 15 months
India Ratings and Research (Ind-Ra) has revised outlook for the lender from "stable" to "negative" and affirmed its long-term ...
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December 04, 2019, Wednesday
South Indian Bank announces acquisition of 150,000 shares in KIFML
The bank will hold 8.47 per cent shares post issuance
