south indian bank press release

Tue, 14 Oct 2008
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South Indian Bank's Q2 Net Surges By 45%

South Indian Bank(SIB) has recorded a rise of 44.80% in net profit to Rs.51.68 crore for the second quarter of current financial year as against Rs.35.69 crore for the previous year. For the half year ended on 30 September, the bank reported a net pr...

Wed, 08 Oct 2008
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South Indian Bank Commences a Unique 'Rural Empowerment Initiative' (REI) In association with Kerala Agricultural University and "OWERD"

South Indian Bank (SIB) has started "Rural Empowerment Initiative' which is expected to be a sustainable strategy of poverty alleviation.In this novel venture .Kerala Agricultural University will provide to the Bank's borrowers in the...

Sun, 21 Sep 2008
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South Indian Bank Hikes NRE, FCNR Deposit Rates

South Indian Bank has increased interest rates on non-resident external (NRE) and foreign currency non-resident (FCNR) fixed deposits with immediate effect ....

Fri, 19 Sep 2008
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South Indian Bank Launches Another Innovative Convenience Banking Product

South Indian Bank (SIB) today announced the launch of their latest convenience banking product ,"GROUP SALARY SAVINGS ACCOUNT" (GSSA) which is a premium savings bank product designed to meet the needs of salaried employees and their employe...

Fri, 05 Sep 2008
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"Build up an organisation that can stay ahead": Kris

Mr. Kris was speaking after inaugurating the 'Top Performers 2007-08' Award Function to honour the top performing regional and branch leaders of South Indian bank (SIB) for the previous fiscal. Mr.S.Ramaswamy, Regional Director, Reserve Ban...

Tue, 19 Aug 2008
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Bonus issue, ESOPS and highest ever dividend from South Indian Bank

The 80th Annual General Meeting of the shareholders of South Indian Bank (SIB) has approved the recommendations of the Board of Directors to effect Bonus Issue, Employees Stock Option Scheme and the highest ever dividend @ 30% in the 79 year history...

Mon, 11 Aug 2008
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South Indian Bank (SIB) launches a Novel Convenience Banking Product For the Indian Diaspora

South Indian Bank(SIB) has launched a premium Savings Bank account called "NRE Savings- Diamond Account" for its NRE customers who maintain high average balance in their SB accounts. This account offers multi - city features, besides many t...

Fri, 18 Jul 2008
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South Indian Bank (SIB) Is the First Bank to Go Online- Booking of Offerings to Lord Sree Guruvayurappan

Facility for Online booking through South Indian Bank payment gateway by devotees of Lord Sree Guruvayurappan was today inaugurated ....

Mon, 14 Jul 2008
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South Indian Bank's Q1 NET UP BY 27%

South Indian Bank has declared a net profit of Rs. 38.62 crore for the first quarter of current financial year as against Rs. 30.37 crore for the previous year registering a growth of 27.16%. With the advantage of 100% branches covered by Core Bankin...

Tue, 01 Jul 2008
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South Indian Bank Bonus Issue 1:4

The Board of Directors of South Indian Bank (SIB) at its meeting held on Jun. 28, 2008, has recommended issue of bonus shares to the existing shareholders in the ratio 1:4 , i.e. one bonus share for every four equity shares held on the record date, s...