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The Economic Times
The Economic Times
Ritesh Presswala

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.

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