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The South Indian Bank Limited (SIB) is a major private-sector bank headquartered at Thrissur in Kerala, India. As of 31 March 2023, the bank had a network of 948 banking outlets (947 branches and 1 service branch) and 1322 ATMs/CRMs (1189 ATMs and 133 CRMs) spanning 26 states and 4 union territories).
ASBA (Applications Supported by Blocked Amount) is a process developed by India's Stock Market Regulator SEBI for applying to IPOs, Rights issue, FPS etc. ASBA is stipulated by SEBI, and available from most of the banks operating in India. This allows the investors money to remain with the bank till the shares are allotted after the IPO.
Syndicate Bank: 1925 Bajaj group: 1926 Darashaw: 1926 Dunlop India [8] 1926 Essel Group: 1926 Forbes Marshall: 1926 Ford India: 1926 Hindustan Construction Company: 1926 Lakshmi Vilas Bank: 1926 Dhanlaxmi Bank: 1927 Hindustan Times (HT Media) 1927 General Motors India: 1928 Hong Kong and Shanghai Banking Corporation [9] 1928 South Indian Bank: 1928
A rights issue or rights offer is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares , in a public company , it can be a non-dilutive pro rata way to raise capital.
On 30 August 2019, Finance Minister announced that Allahabad Bank would be merged with Indian Bank. The proposal would create the seventh largest PSB in the country with assets of ₹ 8.08 lakh crore (US$97 billion). [66] [54] The Union Cabinet approved the merger on 4 March 2020. Indian Bank assumed control of Allahabad Bank on 1 April 2020. [57]
The Act gives the RBI the power to license banks, have regulation over shareholding and voting rights of shareholders; supervise the appointment of the boards and management; regulate the operations of banks; lay down instructions for audits; control moratorium, mergers and liquidation; issue directives in the interests of public good and on ...
South Indian Bank: Financials Banks Thrissur: 1929 Private bank SpiceJet: Consumer services Airlines Gurugram: 2004 Low-cost airline SSS Defence: Industrials Defense Bengaluru: 2017 Firearms State Bank of India: Financials Banks Mumbai: 1806 State bank Steel Authority of India Limited: Basic materials Iron & steel New Delhi: 1954 State steel ...
At the 14th Confederation of the Justice Party held in Madras in 1938, rules and regulations, or precursors of a Dravida Nadu were adopted. The objectives were defined as: to attain Purna Swaraj and complete control for Dravida Nadu in social, economic and industrial, and commercial fields; to liberate Dravida Nadu and Dravidians from exploitation and domination by aryan foreigners; to acquire ...