The Kerala-headquartered South Indian Bank's legal team secured the runners-up position in the category - Best Banking & Finance Legal Team of the year, at the 11th Annual Legal Era - Indian Legal Awards, 2022. The bank's legal team was recognized with the award at a glittering ceremony in Hotel Shangri La, New Delhi, on 7th May 2022 (Saturday). The awards ceremony, which celebrated the excellence in corporate legal landscape, was attended by many legal luminaries.
The jury received over 750 applications for nominations in multiple categories. Legal practitioners, in-house teams, and law firms sent in their nominations for the awards. The nominees & the eventual winners were meticulously chosen after a thorough review process. The jury subjected the applications to many rounds of exhaustive research to ensure sensitivity to 2021's diverse circumstances, opportunities, and experiences.
The eminent advisory board of Legal Era comprises of Justice Dipak Misra, Former Chief Justice of India; Justice Deepak Verma, Former Judge, Supreme Court of India; Justice Arjan Kumar Sikri, Former Judge, Supreme Court of India; Padma Shri Dr. TK Viswanathan, Chairman Bankruptcy Law Reforms Committee; Rafique Dada, Senior Advocate, Bombay High Court; Dr. Lalit Bhasin, President, Society of Indian Law Firms (SILF); Amarjeet Singh Chandhiok, Senior Counsel & President Elect, Bar Association of India Ashok K. Raizada, Chairman & Editor-in-Chief, Legal Era - Legal Media Group and 25+ leading in-house counsel & leading lawyers.
Commenting on the awards, Mr. Murali Ramakrishnan, MD & CEO of South Indian Bank said, "We are thrilled at the recognition and are proud to witness South Indian Bank's expertise being felicitated at such prestigious forums. These opportunities help us connect with other relevant stakeholders. We are always eager to showcase our talent at similar platforms."
Shares of The South Indian Bank Limited was last trading in BSE at Rs. 8.06 as compared to the previous close of Rs. 7.88. The total number of shares traded during the day was 2331636 in over 18235 trades.
The stock hit an intraday high of Rs. 8.24 and intraday low of 7.90. The net turnover during the day was Rs. 18917634.00.