SIBL-9.50%-28-5-28-PVTSIBL-9.50%-28-5-28-PVTSIBL-9.50%-28-5-28-PVT

SIBL-9.50%-28-5-28-PVT

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Key terms


Outstanding amount
‪4.90 B‬INR
Face value
100,000.00INR
Minimum denomination
500,000.00INR
Coupon
9.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
9.12%
Maturity date
May 28, 2028
Term to maturity
3 years

About SIBL-9.50%-28-5-28-PVT


Sector
Finance
Industry
Major Banks
Issue date
Nov 28, 2017
ISIN
INE683A08036
South Indian Bank Ltd. engages in the provision of commercial banking services. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment consists of interest earnings on investments portfolio of the bank, gains or losses on investment operations and earnings from foreign exchange business. The Corporate and Wholesale Banking segment offers loans and other banking services to corporate customers. The Retail Banking segment delivers loans and other banking services to non-corporate customers. The Other Banking Operations segment relates to income from para banking activities such as debit cards, third party product distribution, and associated costs. The company was founded on January 29, 1929, and is headquartered in Thrissur, India.
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