The South Indian Bank Limited Board of Directors, in their meeting held on May 14, 2018 have recommended dividend of INR 0.40 per equity share for the year ended March 31, 2018 inclusive of dividend distribution tax. The proposal is subject to the approval of shareholders at the Annual General Meeting. The dividend, if approved by the shareholder at the next AGM will be paid with in 30 days from the date of AGM.