Tag: CSB Fairfax deal

  • Analysts estimate CSB loss at upwards of Rs100 cr

    Madhavan Menon takes charge as part-time chairman KOCHI: After displaying a semblance of a turnaround during the third quarter of the current year by posting a profit of Rs74 lakh, albeit meagre by any yardstick for a bank, the Thrissur-headquartered Catholic Syrian Bank (CSB) seems to be going back to square one. The financial analysts […]

  • Thrissur bank’s volte-face on MD’s stock option

    Thrissur bank’s volte-face on MD’s stock option

    Board wants MD’s stock option with no strings attached   KOCHI: Why on earth does the Catholic Syrian Bank (CSB) management seek to do away with the conditions attached to the stock option offered to the bank’s managing director (MD) & CEO, involving an exchange of 16.19 lakh shares at Rs75 per share? It is […]