MoneyWorks4Me

South Indian Bank gets RBI’s in-principle nod to set up non-financial subsidiary

06 Aug 2020 Evaluate

South Indian Bank (SIB) has received Reserve Bank of India’s (RBI) in-principle approval for setting up of a wholly owned non-financial subsidiary for undertaking activities permitted by RBI.

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

Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1354.00
Axis Bank 1247.00
Kotak Mahindra Bank 438.70
Indusind Bank 865.40
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