March 7, 2017 / 4:14 AM / 5 months ago

BUZZ-South Indian Bank gains; RBI removes company from foreign investment caution list

1 Min Read

** Shares of South Indian Bank Ltd rise as much as 3.21 pct to 20.90 rupees

** Stock on track to record biggest intra-day pct gain since Feb 28

** Reserve Bank of India (RBI) on Monday said it removed South Indian Bank from foreign investment caution list bit.ly/2ly8Fxi

** Foreign shareholding in the bank has gone below the prescribed caution limit stipulated under present FDI policy - RBI

** Stock up 14 pct this year as of Monday's close

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below