South Indian Bank is considering various options for raising funds through issuance of equity shares including but not limited through preferential issue and/ or Qualified Institutions Placement (QIP)/ Global Depository Receipts (GDRs)/ American Depository Receipts (ADRs)/ Foreign Currency Convertible Bonds (FCCBs)/ or any other methods on private placement basis, FPO, Rights Issue etc. subject to regulatory approvals, as may be required and borrowing/ raising funds in Indian foreign currency by issue of debt securities including but not limited to non-convertible debentures, bonds.
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.
