India's South Indian Bank down over 14%; CEO to step down

South Indian Bank

30/01/2026 06:09

** Shares of South Indian Bank SIBK.NS fall 14.4% to 37.9 rupees

** Bank's CEO and MD P R Seshadri will not be opting for reappointment after the end of his term

** Stock rated as "Buy" on average by 5 analysts; median PT at 41 rupees - data compiled by LSEG

** More than 118 million shares change hands vs 30 day avg of 28.2 million shares

** Stock rose 53.2% in 2025

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))