South Indian Bank announces the launch of a wealth management portfolio/platform in partnership with Geojit Financial Services Ltd.

South Indian Bank Wealth is an exclusive value-added service that will help the bank's high-net-worth customers to invest their money in the best financial instruments available in the market. 

SIB will provide the following products and services via the platform: Services for portfolio management • Systematic investment plan; alternative investment fund Bonds, real estate funds, mutual funds • Organized goods To operationalize the service offering, South Indian Bank has partnered with Geojit Financial Services Ltd, an investment services business with over 35 years of experience in providing efficient financial solutions.

Speaking at the event, Thomas Joseph K, EVP & Group Business Head, South Indian Bank, said: "Recently, there has been an upsurge in demand for professional wealth management services. Our goal throughout our nine decades of existence has been to give our clients the best services available. With the right financial products and advice, this service will assist the HNI clientele in maximising their wealth. I have no doubt that SIB Wealth would turn out to be one of the most complete platforms for wealth management in India. 

"We are happy to be cooperating with a financial institution with a rich tradition of over nine decades," Jones George, Executive Director of Geojit Financial Services Ltd., continued. We want to use this in conjunction with our over 35 years of experience in the Indian capital market to offer investment options. Account holders of the bank will be able to maximise their wealth through specialised investing strategies as a result. We have no doubt that SIB Wealth will strengthen SIB's already strong brand offer. SIB Wealth will offer comprehensive services. We will manage their financial resources and develop strategic plans for their present and future requirements. As South Indian Bank helps their HNI customers achieve their financial goals with the best wealth management solutions, Geojit's experience will be invaluable.

Leading private sector bank South Indian Bank is located in Kerala and has a presence across the country. The National Stock Exchange of India Ltd., Mumbai and The Stock Exchange Mumbai (BSE) both list the bank's shares (NSE). There are 928 branches, 1154 ATMs, 121 CDMs/CRMs, and a representative office for South Indian Bank in Dubai, United Arab Emirates.

A leader in technology-based banking, South Indian Bank provides a wide range of digital goods and services. Its workforce in the banking industry is among the youngest in the nation. The 6 Cs namely capital, CASA, cost-to-income, competency building, customer focus, and compliance, are the main themes of the Bank's Vision 2024.

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