Brief: South Indian Bank Says Certain Fraudulent Acts Were Committed In One Of Their Branches By Employee

South Indian Bank

13/12/2023 15:22

Dec 13 (Reuters) - South Indian Bank Ltd  SIBK.NS :
    * SOUTH INDIAN BANK LTD - CERTAIN FRAUDULENT ACTS WERE
COMMITTED
IN ONE OF THEIR BRANCHES BY AN EMPLOYEE OF BANK
    * SOUTH INDIAN BANK LTD - UNAUTHORISED TRANSACTION IN
CUSTOMER
ACCOUNT WAS MADE
    * SOUTH INDIAN BANK LTD - AMOUNT INVOLVED AS PER PRELIMINARY
INVESTIGATION REPORT IS 280.7 MILLION RUPEES
    * SOUTH INDIAN BANK LTD - BANK IS HOLDING ADEQUATE INSURANCE
COVER
AGAINST SUCH INCIDENTS
    * SOUTH INDIAN BANK LTD - FLASH REPORT HAS BEEN FILED WITH
RBI ON
DECEMBER 13, 2023

Source text for Eikon:  ID:nBSE2gYQ7J 
Further company coverage:  SIBK.NS 

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