The South Indian Bank sanctions OTS of Intec Capital Limited

The South Indian Bank vide its letter dated 17 March 2021 has sanctioned the proposal of One Time Settlement (OTS) towards total dues of Rs. 2.77 Crores for a consolidated agreed amount of Rs. 1.17 Crores to be paid in installments by 31% March 2021.

Shares of SOUTH INDIAN BANK LTD. was last trading in BSE at Rs.8.9 as compared to the previous close of Rs. 8.8. The total number of shares traded during the day was 1655092 in over 47498 trades.

The stock hit an intraday high of Rs. 9.06 and intraday low of 8.81. The net turnover during the day was Rs. 14745996.

Source : Equity Bulls

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