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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Find More Banking News Here

Sumit Arora

Recent Posts

Mangalyaan-2 Unveiled: India Set to Become the Third Nation to Land on Mars

The Indian Space Research Organisation (ISRO) is gearing up for a landmark mission that aims…

8 mins ago

India, UAE Conclude Meeting on India-Middle East-Europe Economic Corridor

India and the UAE recently concluded a significant meeting focused on the India-Middle East-Europe Economic…

22 mins ago

Biggest Stadium in the World By Capacity and Area

Stadiums transcend their roles as mere sports venues; they embody iconic symbols of human achievement…

19 hours ago

Indonesia Evacuates Hundreds Near Erupting Volcano

Hundreds of residents near Mount Ibu, an active volcano on Halmahera island in eastern Indonesia,…

19 hours ago

Shinku La tunnel Work to Begin By Mid-September

India's strategic infrastructure development along its borders, particularly in regions like Ladakh and Arunachal Pradesh,…

19 hours ago

M&M Gears Up For ₹26,000 Crore Investment in Automotive Business

In anticipation of increased demand in the automotive sector, Mahindra & Mahindra Ltd has unveiled…

20 hours ago