February 25, 2024

Must Grab (ReCom @7) Right Issue -South Indian Bank

 

The South Indian Bank offers

Personal Banking: Under Personal Banking, the company offers account opening, term deposits, individual current accounts, personal loans, car loans, home loans, gold loans, etc., mutual fund investments, insurance, money transfers, etc.

Priority Banking: Complimentary airport lounge, discount on locker rental, priority savings account, discount on lending, reward points, etc.

NRI Banking: In this segment, the company offers account opening and deposits, loans and electronic services like online NRI account opening, KYC updates, FATCA-CRS updates etc.

Online banking

Banking services for businesses: These include business account opening, domestic financing, international financing, money transfer, value added services, SIB API banking, etc.



The South Indian Bank Rights Issue 2024 Detail:--

Issue Open

March 6, 2024 - March 20, 2024

Security Name

The South Indian Bank Limited

Issue Size (Shares)

523,185,254

Issue Size (Amount)

₹1,151.00 Crores

Issue Price

₹22 per share

Listing At

BSE, NSE

Entitlement

1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares held on Record Date


The South Indian Bank Limited Financial Information

Amount in  ₹  Crores

Period Ended

31-Mar-2023

31-Mar-2022

31-Mar-2021

Assets

107,697.16

100,051.87

94,149.17

Revenue

8,044.55

7,620.44

1,185.48

PAT

775.31

44.82

61.91


No comments:

Post a Comment