The PTI news item SIB expects to cross over Rs 1 lakh cr business this fiscal has been removed from Business Line's Web site on request from South Indian Bank.

The bank has said: "The PTI report on projected profit and dividend for the FY 2013 relating to South Indian bank is erroneous and based on incorrect information as the branch audit is only in the early stages and no official in the bank will be aware of the data relating to profit and dividend at this stage."