Ahmedabad is the largest city in the Indian state of Gujarat. This former capital of Gujarat is often referred to as "Amdavad" by the natives. It is the fifth populous Indian city which is rapidly growing in terms of business and technology. Ahmedabad is slowly emerging as an important industrial and economic hub in India. Gujarati is the commonly spoken language in this city. Gujaratis, being a business-oriented community, have always ensured that the city thrives on multiple lines of trade and commerce. The historic city of Ahmadabad or Old Ahmadabad has recently been declared as Indias first UNESCO World Heritage City. The old city, situated on the bucolic eastern side of the Sabarmati River, used to be girdled by a long wall which was 10km in length. The new city, with wider streets, many upcoming neighborhoods, offices, shopping complexes and several major universities, has emerged on the western side of the river. Ahmedabad witnesses a beautiful amalgamation of tradition and modernity in its landscape, architecture and lifestyle. In fact, the city can mesmerize tourists with its wealth of architecture ? there are centuries-old mosques and mausoleums as well as buildings of cutting-edge contemporary design. The city seems like a fascinating maze comprising of excellent museums, elegant restaurants, bustling street-food joints and the tranquil Sabarmati Ashram., situated on the banks of River Sabarmati in the state of Gujarat, Ahmedabad is the largest city in this west Indian state. This city used to be the capital of Gujarat earlier and the locals usually refer to it as ?Amdavad.? The rapidly developing city of Ahmedabad is the fifth most populous city in the country and the local people speak in Gujarati. Although most of the people of Ahmedabad hail from the business community, yet the IT sector is gradually flourishing in the city. The enterprising people of Ahmedabad have always encouraged and welcomed multi-dimensional growth in the city. Ahmedabad is no doubt becoming an essential economic and industrial hub in the country, and the city is attracting enthusiastic job-seekers from all over the country. The ?old city? of Ahmedabad, which is a UNESCO World Heritage City, is found on the eastern bank of the Sabarmati River, standing proudly in its rustic grandeur. The newer parts of Ahmedabad are gradually developing into a modern Indian city, with tall buildings, posh neighborhoods, wide streets, offices, universities and shopping complexes on the western bank of the Sabarmati. Quite close to the Great Indian Desert, the city experiences hot and arid weather throughout the year but nonetheless, it attracts crowds of tourists every year to explore the ancient mausoleums, museums and the famous Sabarmati Ashram while relishing the delectable Ahmedabadi street food.
Under the Companies Act of 1913, South Indian Bank was registered as a Private Limited Company and started operations on 29th January 1929 at Round South, Thrissur. South Indian Bank Limited is based at Thrissur in Kerala, India. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. Under Financial Inclusion till date, the bank has covered more than 100 villages and 15 urban centers and opened more than ten exclusive FLC Centres in the bank premises, which spreads across the states of Kerala, Andhra Pradesh, Tamil Nadu, and Chhattisgarh. SIB has appointed direct Business Correspondents in the allocated rural areas under the supervision of a team of officers in the FIP Cell - Head Office. Recently "KIOSK Banking Model" is introduced by the bank as Financial Inclusion Initiative in collaboration with Akshaya e-centres in Kerala state through the software service provider - M/s Tata Consultancy services. The kiosk is a kind of banking model for people who are living in areas where banking facilities are not available so that they can avail necessary banking facilities from a nearby service center or Business Correspondent Office without visiting a regular bank branch. Basic banking needs of the public like the opening of an account, deposit and withdrawal of cash, etc. can be availed from these common service center/BC Office.