On 06 June 2018
The Board of South Indian Bank at its meeting held on 06 June 2018 to consider the following -1.Augmenting the Paid-up Capital of the Bank by further issue of shares, subject to regulatory approvals as may be required.
2.Borrowing / raising funds in Indian /foreign currency by issue of debt securities on private placement basis, subject to regulatory approvals as may be required.
3.Increase in the overall borrowing limits, subject to shareholders' approval.
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