The city of Rourkela is a planned city located in the northern part of the Indian state of Odisha. Rourkela is often referred to as Ispat Nagar and sometimes as the Steel City of Odisha. Rourkela has one of the largest steel plants of SAIL, which is also known as Rourkela Steel Plant. The city has been selected to be further developed into a smart city in the third phase of the Smart Cities Mission. The city celebrates Rourkela Day on 3rd March every year. The name of Rourkela originates from the native tribal language of Sadri. It is an amalgam of two words - "rour" means "our" and "Kela" means "village" which adds up to "Our Village." The city is situated in the Sundergarh district of Odisha. The Rourkela Township is segregated into two townships known as Steel Township and Civil Township. The Steel Township comprises of the Residential quarters of Rourkela Steel Plant and the other part is known as the Civil Township. The steel plants drive the economy of Rourkela and most of the residents are employed in the Steel industry. With several places of tourist attraction nearby, reputed educational institutions like the NIT Rourkela and all the modern amenities needed for a comfortable living, this thriving city is a great place to settle in.
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.