Recently South Indian Bank inaugurated 1001st ATM and kiosk banking in Kerala. Governor of the state initiated them. While inaugurating state governor stated that kiosk banking is a very helpful and excellent initiative.
With the help of kiosk banking people in the rural areas are able to access banking facilities easily. Further the agriculture and husbandry minister stated that with the help of South Indian bank farmers in rural areas are able to access the agriculture loan easily.
Managing director and CEO of the bank reported that bank is implementing Kiosk model in association with the Akshaya Centers.