The banking credit penetration in India is still quite low when compared to global peers, but South Indian Bank sees this as an opportunity for growth. In an exclusive interview with Bizz Buzz, Thomas Joseph, EVP and Chief Business Officer of South Indian Bank, discusses the key initiatives that are driving the bank’s growth in FY23-24. He also talks about how the bank is planning to evolve and stay relevant in the face of competition from new-age banks and PSUs.Please elaborate on the key initiatives that are driving the growth of the bank in FY23-24.• Introduction of new products and services: We’re expanding our product range by improving existing services and introducing new ones…
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South Indian Bank sees opportunity in India’s low banking credit penetration
