South Indian Bank has introduces special deposit schemes on the occasion of achieving total business of Rs 63,000 crore. The schemes, SIB 700 and SIB 700 Plus, are for amounts ranging from Rs 1,000 to Rs 1 crore. The bank is offering scheme with a free insurance cover of Rs 1 lakh and attractive interest offers, which will be available for a limited period effective from April 1.
Further, the bank has opened its 700th branch in Thiruvananthapuram. The bank brought together 10 septuagenarian men and women with lead credentials in art, letter, and culture to mark the opening of the branch. They included writer and lyricist Kavalam Narayana Panicker; actor Madhu; poet and social activist Sugathakumari; historian K. N. Panicker; singer K. P. Udayabhanu; sculpturist Kanayi Kunjuraman; human rights activist D. Sreedevi; lyricist Bichu Thirumala; retired civil servant Babu Paul; and litterateur George Onakkoor.
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