South Indian Bank Limited (SIB) is a major private sector bank headquartered at Thrissur in Kerala, India.
South Indian Bank has 852 branches, 4 service branches,56 ext.counters
and 20 Regional Offices spread across more than 27 states and 3 union
territories in India. It has set up 1334 ATMs and 42 Bulk Note Acceptor/Cash Deposit Machines all over India.
South Indian Bank was registered as a private Limited Company under the
companies Act of 1913 and commenced business on 29-01-1929 at Round
South, Thrissur. The South Indian Bank Ltd., was formed by a group of 44
enterprising men of Thrissur who contributed Rs.500/ - each to the
initial paid up capital of Rs.22,000/ -. Their main objective was to
serve the merchant community of Thrissur by freeing them from the
clutches of the money lenders who charged exorbitant rates of
interest.The bank received very good support from the public at large.
Initially the growth was slow but steady. The number of branches opened
each year testified its stability and popularity.
It was included in the second schedule of the Reserve Bank of India and
became a scheduled Bank on 07-08-1946. SIB was the first scheduled Bank
in the private sector in Kerala to get the license under section 22 of
the Banking Regulation Act 1949 from RBI on 17-06-1957.(Information courtesy wikipedia)
The South Indian Bank Ltd. RECRUITMENT OF PROBATIONARY OFFICERS
PROBATIONARY OFFICERS ( 100 posts)
X/ SSLC,XII/ HSC & Graduation with minimum 60 % marks under regular course.
OnlineApplication-Start Date: 20/06/2018
OnlineApplication-End Date: 27/06/2018
Online Test Date: 07/07/2018
Salary:
IBA approved pay scale of
Rs. 23700–980/7– 30560-1145/2–32850-1310/7- 42020 plus DA, HRA &other allowances (likely to be revised)eligible for Performance Linked Incentive applicable to Scale I officers.
More details and official notification, please open link below:
https://www.southindianbank.com/UserFiles/file/Notification_Probationary%20Officers_Manipal_june_2018.pdf
