South Indian Bank to seek shareholders nod to raise Rs 2,500 cr in Jul AGM

1.0Trade Brains Featureshttps://tradebrains.in/featuresPTI Newshttps://tradebrains.in/features/author/ptinews/South Indian Bank to seek shareholders nod to raise Rs 2,500 cr in Jul AGMrich600338<blockquote class="wp-embedded-content" data-secret="YjyppBVTmp"><a href="https://tradebrains.in/features/biz-south-ind-bank-capital/">South Indian Bank to seek shareholders nod to raise Rs 2,500 cr in Jul AGM</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://tradebrains.in/features/biz-south-ind-bank-capital/embed/#?secret=YjyppBVTmp" width="600" height="338" title="“South Indian Bank to seek shareholders nod to raise Rs 2,500 cr in Jul AGM” — Trade Brains Features" data-secret="YjyppBVTmp" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://tradebrains.in/features/wp-content/uploads/2022/06/South-Indian-Bank-Cover-Image.jpg1280854Private sector lender South Indian Bank (SIB) is planning to raise up to Rs 2,500 crore to shore up its capital base for business growth and meet regulatory norms. The bank’s shareholders had given approval for this fundraise in the previous AGM last fiscal, however, the bank did not raise the funds. A banking company […]