Hot Pursuit     18-Aug-23
South Indian Bank soars on appointing P R Seshadri as MD & CEO
South Indian Bank rallied 10.77% to Rs 23.24 after the bank received RBI approval for appointment of P R Seshadri as managing director (MD) & chief executive officer (CEO) of the bank for a period of three years with effect from 1 October 2023.
P R Seshadri holds Bachelor's degree in Electrical Engineering from the Delhi College of Engineering and a Post Graduate Diploma in Management from Indian Institute of Management, Bangalore. He is an accomplished banker with experiences spanning multiple businesses, functional lines and geographies.

P R Seshadri has served as, amongst other positions as, managing director & CEO of The Karur Vysya Bank. Managing director & regional sales and distribution head, Citibank N.A., Asia Pacific, Singapore, Managing Director & Regional Head of Lending, Businesses, Citibank N.A

South Indian Bank is a leading Kerala-based Private sector bank with a nationwide presence. The bank has 941 branches, 1170 ATMs and 126 CDMs/CRMs across India and a representative office in Dubai, UAE.

South Indian Bank reported 76% rise in net profit to Rs 202 crore on a 34% increase in net interest income to Rs 808 crore in Q1 FY24 as compared with Q1 FY23.

Previous News
  South Indian Bank standalone net profit rises 1018.82% in the June 2022 quarter
 ( Results - Announcements 26-Jul-22   17:57 )
  South Indian Bank allots 1.19 lakh equity shares under ESOS
 ( Corporate News - 25-Jun-24   17:28 )
  South Indian Bank standalone net profit rises 3906.48% in the March 2022 quarter
 ( Results - Announcements 13-May-22   07:53 )
  South Indian Bank announces board meeting date
 ( Corporate News - 26-Jul-23   11:28 )
  South Indian Bank revises MCLRs across tenors
 ( Corporate News - 19-Mar-21   12:46 )
  South Indian Bank gains after Q1 gross advances jump 11% YoY
 ( Hot Pursuit - 05-Jul-22   13:39 )
  South Indian Bank to declare Quarterly Result
 ( Corporate News - 12-Jan-21   16:34 )
  South Indian Bank gains after gross advances rises 10% YoY in Q3
 ( Hot Pursuit - 02-Jan-24   09:58 )
  South Indian Bank hikes MCLR rates by 15-20 bps
 ( Hot Pursuit - 19-Aug-23   16:46 )
  South Indian Bank
 ( Analyst Meet / AGM - Conference Call 10-May-19   12:23 )
  South Indian Bank
 ( Analyst Meet / AGM - Conference Call 22-Jan-22   21:28 )
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