VK Shukla, General Manager and Zonal Manager of Northern Zonal Office, New Delhi of CSB Bank Limited formerly known as The Catholic Syrian Bank Limited has Inaugurated Dwarka branch of CSB Bank and Mr. Narendra Chawla, Mayor, South Delhi Muncipal Corporation, inagrurated Janakpuri branch of CSB Bank on 18.09.2020. While Inaugurating these branches Mr. VK Shukla has informed that three more branches at Rohini Sector 3, Okhla and Shalimar Bagh will be inaugurated by 12st October 2020. The proposed branches are identified at areas where there is good demand for Gold Loans, MSME, Corporate Loans and to extend support to other needy customers. Gold loan is the unique selling product of CSB Bank Limited with its attractive interest rate, higher LTV upto 90%, low turnaround time and easy takeover facility from other financial institutions.
CSB Bank Limited is one of the oldest private sector banks and celebrating the centenary year. The Bank has a strong base in Kerala along with significant presence in Tamil Nadu, Karnataka and Maharashtra. It offers a wide range of products and services to their overall customer base of 1.35 billion. The Bank has been listed in the year 2019 and launched IPO on 22.11.2019. M/s Fairfax has infused capital of Rs. 1400.00 Cr in the year 2019 and the bank is well set to grow faster. Bank has further expansion plan in Northern & Eastern India.
