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South Indian Bank to open rights issue on February 28

22 Feb 2017 Evaluate

South Indian Bank is all set to open rights issue on February 28, while the issue will be closed on March 14. Last date of receipt of request for split application forms is March 7.

In December 2016, South Indian Bank’s board had approved issuing one equity share for every three equity shares held by shareholders on rights basis.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 3.98%, as compared to 2.75% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.52% in Q3FY17.

South Indian Bank Share Price

38.95 0.17 (0.44%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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