South Indian Bank has rolled out RuPay premium debit card in association with National Payments Corporation of India. The card comes with upgraded features and provides secured access to large number of ATMs, POS terminals, e-commerce Web sites and participating merchants across the country.
The bank posted a fall of 86.90% in its net profit at Rs 16.32 crore for the quarter ended March 31, 2015 as compared to Rs 124.60 crore for the same quarter in the previous year. However, total income of the bank increased by 3.23% at Rs 1444.37 crore for quarter under review as compared to Rs 1399.18 crore for the quarter ended March 31, 2014.
