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Tuesday, May 30, 2006
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South Indian Bank expands network

Our Bureau

Kochi, May 29

With the opening of new branches in four more states, South Indian Bank will have a network of 475 branches in the country, Dr V.A. Joseph, Chairman and CEO, said. The corporate business of the bank is also expected to cross Rs 20,000 crore. Delivering the presidential address at the inauguration of the ATM centre at the new premises of the Kattoor branch, he said that only with customers' support, the bank could register an increase of 485 per cent in its net profit last year.

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