South Indian Bank trades higher on the BSE

08 Jun 2020 Evaluate
South Indian Bank is currently trading at Rs. 7.45, up by 0.16 points or 2.19% from its previous closing of Rs. 7.29 on the BSE.

The scrip opened at Rs. 7.60 and has touched a high and low of Rs. 7.60 and Rs. 7.40 respectively. So far 1852959 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 13.99 on 07-Jun-2019 and a 52 week low of Rs. 4.85 on 27-May-2020.

Last one week high and low of the scrip stood at Rs. 7.73 and Rs. 4.95 respectively. The current market cap of the company is Rs. 1346.43 crore.

The Institutions holding in the company stood at 26.40% and Non-Institutions held at 73.60%.

South Indian Bank has been declared winner in 2 major titles of Infosys Finacle Client Innovation Awards, 2020. In its sixth edition, with over 300 nominations across eight categories, the Infosys Innovation Awards celebrates exemplary digital innovations in Banking products, customer service and process designs, by Financial Institutions globally.

After a rigorous evaluation process where the innovation-factor, benefits and complexity quotient of the nominated products were assessed, South Indian Bank's SIBerMart has emerged as winner in the 'Ecosystem led Innovation' category which honours innovations by banking institutions that strive to deepen their involvement with customers by becoming an inseparable part of their daily digital lives.

With the new retail account opening model, (DIY A-Do it yourself using Aadhaar), on-boarding is simplified for new-to-Bank customers across all channels. These initiatives of optimizing the customer experience using robotic process automation have also enabled South Indian Bank to be the winner of the 'Customer Journey Reimagination' title, which recognizes organisations that have focussed on personalising and simplifying customer journeys, ensuring value-addition and optimisation at all customer touch points. Similar products have been created in areas such as loan opening, disbursal and student fee collection, so as to cater to all sections of the society.

South Indian Bank Share Price

25.20 -0.27 (-1.06%)
19-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 1793.45
ICICI Bank 1287.25
Axis Bank 1108.45
Kotak Mahindra Bank 1761.90
Indusind Bank 964.05
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