Nagercoil is located in the Indian state of Tamil Nadu. It functions as the administrative headquarters of Kanyakumari. Nagercoil is situated very close to the tip of the Indian peninsula. It is surrounded by the Western Ghats on all sides. Earlier, it was a part of the Travancore state for a brief period soon after the Indian independence. It was merged with Tamil Nadu in 1956. The city has a Temple of the Nagas which is known as the Nagaraja Temple. The city has acquired its name from this temple. The Fish-net manufacturing is a thriving business in and around the town. Commercial fishing nets are manufactured and supplied to the domestic and export markets. Other cottage industries such as coir-making, handloom-weaving, floral trade, rubber products, food-processing units and lace-making also contribute to the citys economy as they are manufactured for trade. There are many reputed educational institutions in this city. A few interesting places worth visiting in and around this city are the Nagaraja Temple, Nagercoil Clock Tower, St. Xaviers Church, etc.
Mr. V.G Mathew is the Managing Director & CEO of the South Indian Bank. In 1946, It became the first private sector bank to get the scheduled bank status. It has 852 branches, four service branches,56 extension counters, and 20 Regional Offices spread across the states and union territories of India. It has a network of 42 Bulk Note Acceptor/Cash Deposit Machines and 133 ATMs all over Indian 1992 it became the first ever bank for opening an NRI branch in Jhumritalaiya. In June 1993, it became the first private sector bank to open the overseas 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. The 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. The South Indian Bank has the eighth most extensive network of branches among the other private sector banks of India.