Tuesday , October 26 2021

South Indian Bank to raise Rs 500 crore via various means

South Indian Bank has received approval to raise funds up to Rs 500 crore, in Indian / foreign currency by way of issuance of debt securities including but not limited to non-convertible debentures, Bonds in domestic and / or overseas market, on a private placement basis. The Board of Directors of the Bank at its meeting held on June 15, 2019 has approved the same.

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.

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