Tag: Catholic Syrian Bank

Private lender CSB Bank has outlined its plan to strengthen its branch expansion rate to 30% on a yearly basis, after scoping out the expansion of 101 branches during the FY21 fiscal. The movement followers the lender also developing its own application, named “CSB Wink”, that enables customers to open accounts instantly and remotely.

Narendra Dixit, Retail Head of CSB Bank, said “We are increasing our pan India distribution, which will complement our significant distribution strength in Kerala and South and help us in offering seamless services across the country to our valued customers.“

“We have significant distribution in deeper geography and now, we are leveraging that to build a strong agri and financial inclusion model in these markets. Also, in order to enhance our existing retail and franchise offerings, we have created digital on-boarding facilities, via CSB Wink that offers digital account opening, e-wallet facilities, online FD services, virtual debit cards and will aid in higher deposit centers to provide an evenly distributed footprint,“ he further added.

CSB Bank has 474 branches and 309 ATMs spread across 18 states and two UTs. The lender said the expansion of its branches would allow the expansion of offerings including Agriculture, SME, Corporate and NRI Banking services to customers, in an efficient manner.