The Hindu Business Line : South Indian Bank branches

KOCHI: The South Indian Bank has opened six new branches and two extension counters on a single day. The new branches were opened at Coimbatore Big Bazar Street, Kochi-Kadavanthra and at Cheroor, Eravu, Puthenpeedika and Pallikunnu in Thrissur district of Kerala, a press release from the bank has said.

Two extension counters were also opened at Christu Jayanthi College and Holy Spirit School in Bangalore. With the opening of these branches, the bank's branch network has increased to 430. The bank continues to have the second largest network of branches in the private sector in India.

Of the 430 branches, 235 key branches enjoy core banking solutions and offer anywhere banking facilities. Almost 86 per cent of the banks total business is on-line.

The bank's renovated Chennai Regional Office and the Chennai-Nungambakkam branch were also inaugurated on Monday.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
ICAI issues guidance note on bank audits

Rupee weakens; bonds in range

Credit Policy statement on April 28 — New risk management products likely

Laser Soft tool for United Bank

General insurers pitching to provide risk cover to port trusts

Karnataka Bank to increase number of branches to 400

South Indian Bank branches

South Indian Bank opens new branch in Coimbatore

ECGC signs pact with Commerce Ministry

Centre to borrow Rs 83,000 cr in H1

No presiding officer at DRT Coimbatore

Rs 7,770 cr issuance under MSS

New IRDA norms for marine, war risk covers

Allahabad Bank-PNB Kazakh venture set for take-off