South Indian Bank plans to raise Rs 750 crore to strengthen balance sheet

Under the new plan ‘Vision 2024’, the bank aims to reach a loan book of Rs 1 lakh crore, CASA mix of 35%, PCR of over 65% and NIM of 3.5% by 2024. The plan includes vertical structure for assets business and data analytics team to play a critical role in business and collections.

from Banking & Finance – The Financial Express https://ift.tt/3n63dN3