South Indian Bank shares tumble 9% after four-day rise; RBI clears Mahesh Pai as MD & CEO
South Indian Bank shares fell nearly 9% to an intraday low of Rs 43.27 on Wednesday, snapping a four-session winning streak as investors booked profits after the stock’s recent rally. The stock had gained about 30% over the past three months, driven by optimism over leadership clarity and improving sentiment toward the banking sector. Meanwhile,…