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Below the Quote by Mr. Murali Ramakrishnan, MD & CEO of South Indian Bank based on RBI's monetary policy "RBI’s MPC’s measures over the last few quarters have been effective in maintaining a tight leash on headline inflation while facilitating economic growth. The Indian economy has responded by staying resilient in the face of heightened geo-political uncertainties and a volatile international demand-supply equation. To sustain the momentum, the MPC has,...
View on RBI Monetary Policy By Mr Murali Ramakrishnan, South Indian Bank
Below Quote On RBI's Monetary Policy announcement By Mr Murali Ramakrishnan MD & CEO - South Indian Bank "The RBI deserves praise for its efforts in controlling inflation by prudently calibrating the policy repo rate through successive quarters. MPC’s well-timed rate hikes earlier have allowed it the leeway to keep the repo rate unchanged at 6.5% for the current cycle. Inflation, however, still remains a concern and is expected to remain above ta...
View on RBI Monetary Policy By Mr Murali Ramakrishnan, South Indian Bank
Mumbai: South Indian Bank today unveiled its new branch at Mulund, Mumbai with the aim of expanding its reach and cater to the growing demand for banking services in the area. The launch is in-line with the bank’s strategy to expand its operations and attract a larger customer base within the region and provide enhanced banking services. The new branch also houses an ATM and will cater to the financial and banking needs of the business and working class residing in and around Mu...
South Indian Bank unveils its new branch at Mulund, Mumbai
South Indian Bank has introduced an e-BG (Electronic Bank Guarantee) facility for its customers in partnership with National E-Governance Service Limited (NeSL). It facilitates API-based paperless issue of bank guarantees, eliminating the need for physical documentation and record maintenance. The bank issued its First e-BG favouring a leading Public Sector Unit on 29th April, 2023 for an amount of Rs.4.57 crore through NeSL. This is a noteworthy achievement that places the Bank in a select g...
South Indian Bank enables e-BG (Electronic Bank Guarantees) facility for its customers
South Indian Bank today announced the launch of flexible saving products for NRI customers. NRIs can now enjoy the flexibility to either maintain deposits or the prescribed savings account minimum balance with these products. South Indian Bank has been on the journey of simplifying banking needs and providing best in class customer experience. The roll out of SIB SEAFARER and SIB PULSE for mariners and healthcare professionals are just the instances for the same. Speaking on the launch,...
South Indian Bank expands its product portfolio with flexible savings accounts for NRIs
Thrissur: South Indian Bank announces partnership with Cholamandalam MS General Insurance, to offer health and general insurance products to the customers. This partnership would enable customers of South Indian Bank to access the diverse range of insurance products offered by Cholamandalam MS General Insurance, thus fulfilling their need for protection against damage/ loss. The said arrangement aims to further enrich the Bank’s insurance offerings by enabling its customers to access...
South Indian Bank partners with Cholamandalam MS General Insurance
At a glittering ceremony held in Taj Lands’ End, Mumbai, ET Ascent bestowed Mr. Murali Ramakrishnan, MD and CEO, South Indian Bank, with the ‘Business Leader of the Year’ award. It was the 21st global and the sixth Indian edition of the recognition. ET Ascent’s ‘Business Leader of the Year’ award is a singular platform to recognize leaders for their transformational leadership. Over the years, it has felicitated leaders who have succeeded in making a dif...
South Indian Bank CEO and Managing Director Mr. Murali Ramakrishnan awarded `Business leader of the year`
Below is views on Union Budget 2023 by Mr. Murali Ramakrishnan MD and CEO of The South Indian Bank "This year’s Union Budget is noteworthy on a number of counts. Effective implementation of schemes like opening of 47.8 crore PM Jan Dhan bank accounts will benefit common citizens. With the establishment of the Urban Infrastructure Development Fund (UIDF), we expect infrastructure in tier 2 and tier 3 cities receiving a significant boost. The enabli...
Post Budget Analysis : This year`s Union Budget is noteworthy on a number of counts Says Murali Ramakrishnan, The South Indian Bank
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