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South Indian Bank slips on the bourses

21 May 2018 Evaluate

South Indian Bank is currently trading at Rs. 24.90, down by 0.70 points or 2.73% from its previous closing of Rs. 25.60 on the BSE.

The scrip opened at Rs. 25.60 and has touched a high and low of Rs. 25.60 and Rs. 24.80 respectively. So far 273218 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 34.75 on 09-Jan-2018 and a 52 week low of Rs. 22.20 on 26-Mar-2018.

Last one week high and low of the scrip stood at Rs. 27.40 and Rs. 24.45 respectively. The current market cap of the company is Rs. 4532.80 crore.

The Institutions holding in the company stood at 47.20%, while Non-Institutions held at 52.80%.

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5 crore on South Indian Bank for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer (KYC) norms and treasury function and for deficiencies in compliance function and compliance culture. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

South Indian Bank is considered one of the most pro active banks in India with a competent tech savvy team of professional at the core of services.

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
View more..

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