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Investment by FIIs/NRIs/PIOs under PIS The South Indian Bank Limited

The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS),on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) further purchases should be made of equity shares of The South Indian Bank Limited, through primary/secondary markets in India obtaining the prior permission of the Reserve Bank. The Reserve Bank has stated that The South Indian Bank Limited, has reached the trigger limit of its paid up capital.

Ajit Prasad
Manager

Press Release :2007-2008/435

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