|Issuer Name||South Indian Bank|
|Issuer Description||Established in 1929, the SOUTH INDIAN BANK LIMITED (SIBL) was the first ‘scheduled bank’ amongst the private banks in Kerala. SIBL has a strong presence in South India and particularly in Kerala. As on march 31, 2018, SIBL had a network of 854 branches and 1,382 ATMs spread across the country. The total business of the bank stood at Rs.1,26,592 crore with deposits at Rs.72,030 crore and gross advances at Rs.54,563 crore as on march 31, 2018.|
|Price||[Payable Amount is 1,000,000 * Price / 100] + [Accrued Interest of number of days since last Interest Payment Date]|
|Order Type||Multiples of INR 200,000.00 only|
|Issuer Rating||A/Negative by India Ratings|
Note: As per the latest notification from the Ministry of Finance, a stamp duty of 0.0001% will be applicable on all bond transactions with effect from 1st April 2020.