Organizational Structure Of SIB
The South Indian Bank continues to march forward with a new logo and image. With branches across India and a global clientele, the bank is regarded as one of India's most active banks, with a skilled and tech-savvy team of experts at its core.
Sri. Salim Gangadharan
Mr Murali Ramakrishnan
Managing Director and CEO
Smt. Ranjana Salgaocar
Sri. Parayil George John Tharakan
Sri. V. J. Kurian
Sri. M George Korah
Sri. Pradeep M Godbole
Sri. Paul Antony
Sri. R A Sankara Narayanan
Headquarters of SIB
The headquarters of South Indian Bank Limited is in Thrissur, Kerala, India. In June 1993, SIB became the first private sector bank in Kerala to launch an "Overseas Branch" dedicated solely to export and import operations. In addition to the in-house partial automation solution in 1992, they are the first bank in Kerala to build an in-house, fully integrated branch automation program.
Products And Functions of SIB
In 1946, under the RBI Act, South Indian Bank Limited became the first private bank in Kerala to be designated as a scheduled bank. In November 1992, it became the first private sector bank to launch an NRI branch.
Personal Banking – The bank provides various personal banking goods and services, including deposit, savings, loans, online banking, mobile banking, Demat services, credit card, debit card, etc.
HDFC Mutual Fund, Birla Sun Life Asset Management Company, Franklin Templeton, UTI Mutual Funds, Fidelity Fund Management, DSP BlackRock Mutual Funds, ICICI Prudential AMC, HSBC Investments, Reliance Mutual Funds, Fortis Investments, Principal Mutual Funds, TATA Mutual Fund, and Sundaram BNP Paribas are among the mutual funds offered by the bank.
SIB also caters to NRI customers with banking products and services, including deposits, vehicle loans, remittances, investment schemes, and insurance.
Corporate banking is a branch of banking that offers a wide range of goods and services to businesses. SIB provides working capital financing, project financing, and structured financing, among other benefits.
This was all about SIB Full form, SIB History, and SIB Functions. We hope you found this helpful post. We hope you this would be extremely beneficial for a banking exam. Please contact us if you have any queries, and we will be more than happy to assist you.
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