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Foreign investors brave smallcap corrections, raise stakes in March quarter

FIIs raised stakes in almost 60 percent of firms on the BSE SmallCap index in the March quarter. Out of 1,000 BSE SmallCap index stocks, 596 saw a rise in FII holding

Ashok Leyland partners with South Indian Bank for dealer financing

The company has signed a Memorandum of Understanding (MoU) to provide financing to dealers under the bank's dealer finance programme, Ashok Leyland said in a statement.

Bulk deals: Citigroup Global Markets Mauritius buys shares in RBL Bank and South Indian Bank

Citigroup Global Markets Mauritius acquired 1.11 percent stake in RBL Bank and 0.68 percent stake in South Indian Bank

Bulk deals: Vanguard Index Funds buys stake in Sundaram Finance

Vanguard Emerging Markets Stock Index Fund and Vanguard Total International Stock Index Fund bought 0.79 percent stake and 0.82 percent stake, respectively in Sunadaram Finance

HFT Scan: Atul Limited, Borosil Renewables see brisk business

Borosil Renewables and South Indian Bank touched a 52-week high.

HFT Scan: Zee Media and South Indian Bank see brisk trading

While South Indian Bank touched a 52-week high, Zee Media closed higher.

South Indian Bank Ltd. engages in the provision of commercial banking services. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment consists of interest earnings on investments portfolio of the bank, gains or losses on investment operations and earnings from foreign exchange business. The Corporate and Wholesale Banking segment offers loans and other banking services to corporate customers. The Retail Banking segment delivers loans and other banking services to non-corporate customers. The Other Banking Operations segment relates to income from para banking activities such as debit cards, third party product distribution, and associated costs. The company was founded on January 29, 1929, and is headquartered in Thrissur, India.

Volume	14.04M
52-Wk High	36.88
52-Wk Low	17.91

SOUTHBANK.NSE South Indian Bank Ltd.

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