Award was bestowed upon for bank's exceptional use of robotic process automation capabilities under crisis for solving severe operational constraints and ensuring business continuity
While current growth trends remain muted due to the Covid-19 pandemic, the bank is optimistic of a revival in growth from Q1FY22 onwards
People in the know said the bank expects the fund raising to support its plan to grow its advances by 20%
Shares of South Indian Bank slipped as much as 8.3 per cent to Rs 14.25 apiece in the intra-day trade on BSE after the company announced its December quarter results on Saturday.