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| Franchise | https://www.southindianbank.com/content/viewContentLvl1.aspx?linkIdLvl2=20&linkId=20 |
Important Notes
No details found.Head Office
South Indian Bank Ltd.
Address : T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India
Telephone Number : +91-487-2420020, 2420058, 2420113
Email Address : [email protected]
Toll Free Number : 1800 425 1809 / 1800 843 1800
Building Blocks
One of the earliest banks in South India, "South Indian Bank" came into being during the Swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala), in the erstwhile State of Cochin to provide for the people a safe, efficient and service oriented repository of savings of the community on one hand and to free the business community from the clutches of greedy money lenders on the other by providing need based credit at reasonable rates of interest.
Translating the vision of the founding fathers as its corporate mission, the bank has during its long sojourn been able to project itself as a vibrant, fast growing, service oriented and trend setting financial intermediary.
The South Indian Bank with a new logo and image, marches on. With branches all over India and a clientele across the world, the bank is considered one of the most pro active banks in India with a competent tech savvy team of professional at the core of services.
Milestones
- The FIRST among the private sector banks in Kerala to become a scheduled bank in 1946 under the RBI Act.
- The FIRST bank in the private sector in India to open a Currency Chest on behalf of the RBI in April 1992.
- The FIRST private sector bank to open a NRI branch in November 1992.
- The FIRST bank in the private sector to start an Industrial Finance Branch in March 1993.
- The FIRST among the private sector banks in Kerala to open an "Overseas Branch" to cater exclusively to the export and import business in June 1993.
- The FIRST bank in Kerala to develop an in-house, a fully integrated branch automation software in addition to the in-house partial automation solution operational since 1992.
- The FIRST Kerala based bank to implement Core Banking System.
- The THIRD largest branch network among Private Sector banks, in India, with all its branches under Core banking System.
Vision
To be the most preferred bank in the areas of customer service, stakeholder value and corporate governance.
Mission
To provide a secure, agile, dynamic and conducive banking environment to customers with commitment to values and unshaken confidence, deploying the best technology, standards, processes and procedures where customer convenience is of significant importance and to increase the stakeholders’ value.
Corporate Social Responsibility
Purpose
The South Indian Bank Ltd. is grateful to the society for the support and encouragement in the bank's growth and development. The Bank believes that no organization can make sustainable development without the patronage from the society. The Bank is committed in the integration of social and environmental concerns in its business operations and also in the interactions with its stakeholders. The Bank shall continue to have among its objectives, the promotion and growth of the national economy and shall continue to be mindful of its social and moral responsibilities to customers, shareholders, employees and society. Bank is committed to financing the economic and developmental activities of the nation with concern for human rights and environment.
CSR is a continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.
Vision (CSR)
The Bank’s CSR mission is to contribute to the social and economic development of the community. Through a series of interventions, the bank seeks to mainstream economically, physically and socially challenged groups and to draw them into the cycle of growth, development and empowerment. At the core of this, its commitment to reach out to marginalized communities through its Sustainable Livelihood Initiatives. The Bank’s strategy is to integrate its activities in community development, social responsibility and environmental responsibility and encourage each business unit or function to include these considerations into its operations whether directly or in participation or in association with or jointly with NGOs of repute, Trusts, Partnership, Corporate or any other such organization as the Bank deems fit.
Technology Promotion Drive of South Indian Bank
Their bank had embarked upon a massive technology up gradation drive by introduction of a Centralized Core banking solution. For this a modern Data Center has been set up at Kochi, connecting all branches with all the Departments at Head Office, all Regional Offices, the Treasury Dept at Mumbai and the IBD at Kochi. This robust network facilitates anywhere banking, Networked ATMs, Internet Banking, Mobile Banking, Global debit cum ATM card operations, Online trading, online shopping etc. The Sibertech project was launched with a target of connecting the 200 odd branches in two phases by March 2004. Towards this endeavor, the bank has concluded a technology partnership with M/s Infosys Technologies Ltd for Finacle, the Core Banking Solution, M/s HCL Infosystems Ltd. for Network Integration and M/s WIPRO for Data Centre set up and Maintenance. The Sibertech Project was formally launched on January 17,2001 by Sri.N.R.Narayana Murthy, Chief Mentor, Infosys Technologies Ltd in a colorful function at Kochi.
The state of the art Data Center of international standards at Kochi, is the only one of its kind in the banking industry in Kerala. A number of dignitaries have visited this Data Center, including Sri.Azim.H.Premji, Chairman & Managing Director, Wipro Ltd.
Per se bank has achieved 100% Core Banking Solutions by 24th March, 2007.Further to strengthen the ATM reach and global acceptability Bank has introduced Master Card Global Debit- cum- ATM card, which can be used at ATMs and merchandise all over the world. They have launched internet banking primarily focusing the individual as well as corporate clients. The Bank has also introduced Mobile banking for customers as a value addition.
The aim of the Bank is to offer the latest technology driven value added services to the customers without compromising their motto - Blending Tradition with Technology.
