Corporate News     06-Dec-17
South Indian Bank grants stock options
Under ESOS
South Indian Bank announced that the Board of Directors of the Bank at its meeting held on 06 December 2017 has decided to grant 1,50,000 options to Managing Director & CEO under the 9th Tranche of SIB ESOS - 2008 as approved by the Reserve Bank of India on the terms and conditions of appointment. The Board has also decided to 43,04,710 options to eligible employees including Managing Director & CEO under the 8th Tranche of SIB ESOS - 2008.
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