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Home  >> CSR 2009 >> CSR details

Also see : Corporate Social Responsibility, Details of CSR of 501-1000 companies - 2008, Karmayog CSR Ratings - 2008, Karmayog CSR Ratings 2007





 
CSR 2009 Details of South Indian Bank Ltd., Thrissur, Kerala
South Indian Bank Ltd. - Corporate Social Responsibility Activities are as follows
 Company Profile
 Company's Slogan -
 Company's Vision To emerge as the most preferred bank in the country in terms of brand, values, principles with core competence in fostering customer aspirations, to build high quality assets leveraging on the strong and vibrant technology platform in pursuit of excellence and customer delight and to become a major contributor to the stable economic growth of the nation.
 Company's Mission To provide a secure, agile, dynamic and conducive banking environment to customers with commitment to values and unshaken confidence, deploying the best technology, standards, processes and procedures where customer convenience is of significant importance and to increase the stakeholders’ value.
 Special Notes -
 Company Type Private Sector
 Industry Sector Banking
 Products / Services 1. Banking and Financial Services
 No. of employees 4523
 Other locations of factories / offices Regional offices in Bangalore, Chennai, Coimbatore, Delhi, Ernakulam, Hyderabad, Kolkata, Kottayam, Kozhikode, Mumbai, Pathanamthitta, Palakkad, Thiruvanathapuram, Thrissur 560 branches across India
 Financial result for time period April 2008 - March 2009
   -Sales Rs. 1851 Crores
   -Profit before tax Rs. 301 Crores
   -Net profit after tax Rs. 195 Crores
   -CSR Budget Not Disclosed
 CSR Activities
 Trust / Foundation for CSR No
 CSR Areas 1. Education
2. Rural Development
 Three main CSR activities 1. Rural Development
2. Education
 Publish Sustainability Report No
 Member of Global Compact No
 CSR activities in brief

Pg. 9 of Annual Report

 

CORPORATE SOCIAL RESPONSIBILITY

 

Declaration of Melur as Money Lender Free Village

Melur Village, near Chalakkudy is an agri-based village. Many of the villagers are agriculturists and farmers. Most of the villagers are poor and they lack in capital and depend on moneylenders for their needs, who in turn charge exorbitant rate of interest. To

save the villagers from the clutches of these moneylenders, we have declared the village as "money lender free village" and started lending at lower rate of interest through SHGs in association with Organisation for Women Empowerment and Rural Development (OWERD) an NGO. The function was inaugurated by Mr.Ramaswamy, Regional Director, RBI, on 1st March 2008 in the presence of Dr. V A Joseph, our Managing

Director & CEO.

 

Activities by the Bank in Tholur Village

Tholur Village is also an agri-based village in Thrissur District. Due to lack of knowledge of technical know how and capital, the farmers there could not effectively undertake agricultural activities. Realising this, the Bank in association with Tholur Panchayat, Kerala Agricultural University and OWERD, came forward to cater to their needs. Kerala Agri University attends to their technical needs and provide high yielding seeds, whereas our Bank is looking after their financial needs in association with OWERD by extending agricultural loans and also housing loans for general upliftment of the farmers.

 

SIB STUDENTS' ECONOMIC FORUM (SIBSEF)

Students’ Economic Forum, which is celebrating its 18th year of publication was launched in December 1991. It is a monthly publication discussing one theme in an issue covering a whole range of economic affairs and activities. So far 208 themes have

been published and in response to the requests from our readers and well wishers, we had compiled the first 150 themes of this publication in 3 volumes. The objective of this venture is to kindle interest in economic affairs in the minds of our younger generation and also to empower the student community.

Although it is a publication targeted at the younger generation and student community, feed back received at our end show that, the booklet is being well referred by academics, administrators, diplomats etc. It is also a source of reference for the editors of various publications, including that of reputed banking journals.

Open access is also made available to this publication through the "Students' Corner" page of the Bank's website.

 Additional CSR Information -

 CSR Contact Person
 Name of contact person -
 Designation -
 Company Name -
 Contact Address -
 Phone -
 Fax -
 Email Id   
 CSR Website / Section -
 Company Contact Information
 Company Name South Indian Bank Ltd.
 Registered Address T.B Road, Mission Quarters
Kerala, Thrissur - 680 001
 Phone 0487-2420020, 2420058, 2420113
 Fax
 Email id sibcorporate@sib.co.in    csc@sib.co.in
 Website http://www.southindianbank.com
 Year of Establishment 1928
 Name of the Chairman / CEO Dr. V.A. Joseph
 Designation Managing Director and CEO
 Karmayog CSR 2009 Rating 1 / 5
 Link http://www.karmayog.org/csr2009/csrdetails.aspx?id=399
 Karmayog CSR 2008 Rating 0 / 5
 Link http://www.karmayog.org/csr501to1000/csr501to1000_21866.htm
 Karmayog CSR 2007 Rating Not rated
 
 
 Posted on : 05 Nov, 2009