south indian bank press release(s)
Browse the most recent south indian bank news/press releases distributed via India PRwire. If you want to subscribe company or industry specific email alerts or RSS feed, please visit our media section. Subscribe to our Breaking News RSS Feed to instantly access 25 most recent press releases across India PRwire network.
Monday, 13th Apr 2009
New Executive Director for South Indian BankMr.Abraham Thariyan has assumed charge as Executive Director of South Indian Bank. More...
Friday, 20th Feb 2009
South Indian Bank is the Best Bank in Asset QualityDun & Bradstreet, the world's leading provider of business information, knowledge and insight in their 'Dun & Bradstreet Banking Awards 2009' has honoured South Indian Bank (SIB) as the "best bank in asset quality' in the private sector which includes both the new generation as well as the traditional banks. The award was presented by Mr.James E.Thomson,Chairman,GBS who is... More...
Tuesday, 13th Jan 2009
South Indian Bank Net Profit Zooms To Record Rs.144.50 Crore In The First Three Quarters Of This FiscalSouth Indian Bank's (SIB) net profit for the nine months ended December 2008 reached Rs.144.50 crore, recording a 35.32 % growth Y-O-Y compared to a Net Profit level of Rs.106.78 crore a year ago. The Bank's Net Profit for the third quarter (Q3) ended December 2008 reached Rs.54.20 crore , against Rs 40.72 crore for the corresponding quarter of FY07, recording a healthy Y-... More...
Thursday, 8th Jan 2009
South Indian Bank Launches New Deposit With Good Yield And Free Death Accident Insurance CoverageSouth Indian Bank (SIB) has launched a fixed deposit scheme ,"SIB: Eighty Plus" which offers an 11 per cent interest rate for 39 months on a minimum deposit of Rs 50,000. As an additional benefit, the depositors would be provided with a free death insurance cover up to Rs one lakh. More...
Tuesday, 14th Oct 2008
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 profit of Rs 90.30 crore against Rs 66.06 crore while its net income rose to Rs 845.97 crore.With the advantage of 100% branche... More...
Wednesday, 8th Oct 2008
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 rural areas the necessary skills and technology required for their sustainable development of agriculture .The Bank will be disbursing finan... More...
Sunday, 21st Sep 2008
South Indian Bank Hikes NRE, FCNR Deposit RatesSouth Indian Bank has increased interest rates on non-resident external (NRE) and foreign currency non-resident (FCNR) fixed deposits with immediate effect . More...
Friday, 19th Sep 2008
South Indian Bank Launches Another Innovative Convenience Banking ProductSouth 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 employers. More...
Friday, 5th Sep 2008
"Build up an organisation that can stay ahead": KrisMr. 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 Bank of India delivered the key note address. Dr.V.A.Joseph, Chairman & CEO of the Bank presided over the function. More...
Tuesday, 19th Aug 2008
Bonus issue, ESOPS and highest ever dividend from South Indian BankThe 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 of the Bank. More...
Monday, 11th Aug 2008
South Indian Bank (SIB) launches a Novel Convenience Banking Product For the Indian DiasporaSouth 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 tech-savvy features adding to customer convenience. More...
Friday, 18th Jul 2008
South Indian Bank (SIB) Is the First Bank to Go Online- Booking of Offerings to Lord Sree GuruvayurappanFacility for Online booking through South Indian Bank payment gateway by devotees of Lord Sree Guruvayurappan was today inaugurated . More...
Monday, 14th Jul 2008
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 Banking Solution, South Indian Bank is the first bank to announce Q1 results for the financial year 2008-09. More...
Tuesday, 1st Jul 2008
South Indian Bank Bonus Issue 1:4The 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, subject to shareholders' approval at the next Annual General Meeting, slated for August 18. More...
Monday, 16th Jun 2008
New Executive Director for South Indian BankMr. H Suresh Prabhu has assumed charge as Executive Director of South Indian Bank . More...