Company Report: South Indian Bank – BUY CMP Rs194, Target Rs229, Upside 18.1% ± SIB is set to sail faster post a successful transformation ± 28% NII CAGR over FY10-12; adequately capitalized for growth ± Asset quality to remain stable; RoE to improve ± Superior fundamentals but valuation at discount to peers Source :- IndiaInfoline Research … [Read more...]