Categories: Banking

South Indian Bank tie up with Kerala Forest & Wildlife Dept for digital payment collection

The South Indian Bank has signed an agreement with Kerala’s Forest and Wildlife Department to enable digital collection of payments at eco-tourism centres, Vanasree shops, mobile Vanasree units and eco-shops across the State. The Forest Department has set up Vanasree shops and units with the objective of marketing forest products, conserving and managing biodiversity, protecting the rich and sensitive ecosystem and uplifting the living standards of the tribals working in the area.

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Through this partnership, the digital collection system of South Indian Bank will now be available at all 124 tourist spots that fall under the Forest Department. The tie-up will commence with the setting up of 124 POS machines at various eco-tourism centres, Vanasree shops, mobile Vanasree units and eco-shops under 36 forest department agencies across Kerala.

Important Takeaways For All Competitive Exams:

  • South Indian Bank Headquarters: Thrissur;
  • South Indian Bank CEO: Murali Ramakrishnan (1 Oct 2020–);
  • South Indian Bank Founded: 29 January 1929.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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