The central suburb of Matunga will be home to the 21st branch of South Indian Bank in Mumbai.The new branch will cater to the financial and banking needs of the business and working class residing in and around Mumbai’s central suburbs. It is one of Mumbai’s bustling and thriving areas, business-wise.
The Matunga branch will house an ATM and provide facilities to customers for branch banking and availing of various loans.Mr. N S Venkatesh, CEO of Association of Mutual Funds in India (AMFI), and Mr. Ashley Miranda inaugurated the branch and ATM along with Mr. Pradeep M Godbole, Non-Executive Director, South Indian Bank.
Speaking about the launch, Mr. Murali Ramakrishnan, MD & CEO, South Indian Bank, said, “The opening of our new branch reinforces our commitment to providing banking services to our customers through a fast expanding network of branches and other channels. We stand committed to serve customers through our branches and digital channels.”
The Matunga branch will be functional from Saturday, January 21st, as per regular banking hours. The branch is located at: Pinnacle 323/ A, Dr Babasaheb Ambedkar road, Matunga East.
About South Indian Bank
South Indian Bank is a leading Kerala-based Private sector bank with a nationwide presence. The bank’s shares are listed on The Stock Exchange Mumbai (BSE) and The National Stock Exchange of India Ltd., Mumbai (NSE). South Indian Bank has 928 branches, 1156 ATMs and 121 CDMs/CRMs across India and a representative office in Dubai, UAE.
South Indian Bank is a pioneer in technology-based banking, offering an array of digital products and services. It has one of the youngest workforces in the banking sector in the country. The Bank’s Vision 2024 focuses on the 6 Cs -- capital, CASA, cost-to-income, competency building, customer focus, and compliance.