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    India notifies key DPDP Rules 2025, setting phased compliance timelines and stricter standards on consent, breaches, children’s data, audits and data governance.

    DPDP Rules Notified: Experts Call It a Landmark Shift in India’s Data Governance Framework

    It Ministry has notified the DPDP Rules, setting an 18-month compliance roadmap for India’s new data protection regime, strict breach reporting, parental consent for children’s data, and phased rollout of consent managers and core obligations.

    DPDP Rules Notified: Govt Sets 18-Month Rollout, Introduces Strict Data Breach Reporting and Parental Consent Norms

    Dr Balkar Singh, a 2004 batch IAS officer of the Uttar Pradesh cadre, has been appointed Secretary of the Uttar Pradesh IAS Association.

    Dr Balkar Singh Takes Helm as Uttar Pradesh IAS Association Secretary

    The Government of India has withdrawn 14 BIS Quality Control Orders for key chemical, polymer and fibre materials, easing compliance, reducing costs and boosting industry growth.

    Govt Withdraws 14 BIS Quality Control Orders, Easing Compliance Burden for Key Manufacturing Sectors

    IDAS Amit Kumar Appointed Deputy Secretary, Ministry of Steel

    IDAS Amit Kumar Appointed Deputy Secretary, Ministry of Steel

    Linking Jewar’s Noida International Airport with the Ganga Expressway, the 74-km corridor will boost fast connectivity, support YEIDA sectors and enhance regional travel.

    Noida Airport-Ganga Expressway Link Road Gains Pace as UPEIDA Finalises Alignment

    Andhra Pradesh signs MoUs with Taiwanese firms Allegiance Group and eJoule India JV worth Rs 18,400 crore to boost industrial and clean energy manufacturing growth.

    Andhra Pradesh Signs MoUs with Taiwanese Firms to Boost Industrial and Clean Energy Growth

    Noida halts construction, bans certain vehicles as CAQM enforces GRAP Stage-III to combat severe air pollution with AQI levels crossing 400 in several areas.

    Noida Halts Construction, Restricts Vehicles as GRAP Stage-III Kicks In Amid ‘Severe’ Air Quality

    IndiaAI, IEA, AI in Energy, Casebook, Sustainability, Innovation, Energy Efficiency, Global Call for Abstracts

    IndiaAI Mission and IEA Announce Global Call for Abstracts on AI in Energy Casebook

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    Delhi Govt to Set Up 187 Arogya Mandirs in the City to Improve Primary Healthcare

    Delhi Govt to Set Up 187 Arogya Mandirs to Improve Primary Healthcare

    PB Health Acquires Fitterfly to Strengthen Preventive Care and Chronic Disease Management

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    Max Healthcare, Tata Institute for Genetics and Society Partner to Advance Genomics in Healthcare

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    Chhattisgarh Govt Approves Rs 1,390 Cr for New Medical Colleges and Healthcare Projects

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    Superhealth Partners with United Imaging in Rs 2,500 Crore Deal to Strengthen Radiology Infrastructure

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    ICICI Bank Commits Rs 625 Cr to Build Radiation Therapy Facilities at Tata Memorial Centre

    ICICI Bank Commits Rs 625 Cr to Build Radiation Therapy Facilities at Tata Memorial Centre

    IIT Kharagpur has developed the Setu app to enhance campus experience and take care of student well-being.

    IIT Kharagpur Goes Live with Setu App for Student Well-being

    Govt Launches New Features of Tele MANAS App to Boost Mental Health Services

    Govt Launches New Features of Tele MANAS App to Boost Mental Health Services

    NSE to Invest Rs 380 Cr in New Cancer Treatment Facility at Tata Memorial Centre

    NSE to Invest Rs 380 Cr in New Cancer Treatment Facility at Tata Memorial Centre

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    IIT Guwahati researchers develop a new material to detect kerosene adulteration in petrol and absorb oil spills, offering safer, eco-friendly cleanup solutions.

    IIT Guwahati Researchers Develop Material to Detect Kerosene Adulteration and Absorb Oil Spills

    Nagaland University and Assam Down Town University conduct first scientific study on endangered medicinal plant Goniothalamus simonsii from Meghalaya.

    Nagaland University, Assam Down Town University Conduct First Scientific Study on Endangered Medicinal Plant

    IIT Bombay researchers develop a novel ‘bearing-only’ control scheme enabling VTOL drone swarms to fly in formation without GPS or communication.

    No GPS, No Communication: IIT Bombay’s Breakthrough Lets Drone Swarms Fly by ‘Looking’ at Each Other

    IIT Madras researchers achieve breakthrough in VTOL flight using hybrid rocket thrusters, advancing India’s next-gen aerospace and UAV technologies.

    IIT Madras Researchers Achieve Breakthrough in VTOL Flight Tech Using Hybrid Rocket Thrusters

    UGC declares 22 fake universities across India, including 10 in Delhi and 4 in Uttar Pradesh, warning students against invalid degrees.

    UGC Declares 22 Institutions as Fake Universities Operating Without Recognition

    Union Minister Bhupender Yadav chaired a Delhi-NCR air pollution review, urging stricter stubble control, waste management and faster emission monitoring.

    Cloud-Seeding Trial in Delhi Put on Hold Due to Low Moisture, Says IIT Kanpur 

    Six new Vice-Chancellors take charge at major West Bengal universities, including Calcutta and Jadavpur University.

    Six VCs Assume Office in West Bengal Universities

    UGC declares 22 fake universities across India, including 10 in Delhi and 4 in Uttar Pradesh, warning students against invalid degrees.

    Survey Finds One-Third of Apple, Nvidia Employees in India are Graduates of Tier-3 Colleges

    TEC and IIT Hyderabad have signed an MoU to collaborate on 6G, AI and next-gen telecom research, focusing on India-specific standards, Open RAN and Non-Terrestrial Networks to boost indigenous innovation and global standardisation.

    TEC, IIT Hyderabad Join Hands to Boost Research in 6G, AI and Next-Gen Telecom Technologies

    Coal India and IIT Madras sign MoU to set up Centre for Sustainable Energy, advancing low-carbon R&D and supporting India’s 2070 net-zero goals.

    Coal India, IIT Madras Join Hands to Set Up Centre for Sustainable Energy

    IIT Kharagpur will establish an independent Department of Economics from the next academic session to expand research, introduce tech-driven courses and strengthen the economics-technology interface.

    IIT Kharagpur to Establish Independent Economics Department from Next Academic Session

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    ‘Our Vision is to Build a Smart, Efficient and Future-Ready University’: Dr Sandeep Marwah, Founder & President, AAFT University

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    Check Point, Chandigarh University Partner to Train Next-Gen Cybersecurity Professionals

    IIT Kharagpur has developed the Setu app to enhance campus experience and take care of student well-being.

    IIT Kharagpur Goes Live with Setu App for Student Well-being

    CISCE has directed 170 West Bengal schools to offer Class X and XII students internships, linking academics with real-world learning and practical skills.

    CISCE Pushes for Class X/XII Internships in 170 Schools for Real-Life Experiences

    The Robotics for Good Youth Challenge India 2025 at Yashobhoomi celebrated young innovators developing robotics solutions for food security and sustainability.

    Robotics for Good Youth Challenge India 2025 Crowns Winners, Teams to Represent India at Global Finale in Geneva

    IIT Madras Pravartak and BodhBridge Roll Out Free Online Entrepreneurship Programs for Students

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    IIT Kharagpur will establish an independent Department of Economics from the next academic session to expand research, introduce tech-driven courses and strengthen the economics-technology interface.

    IIT Kharagpur to Launch MD Course with 20 Seats

    The Supreme Court approves the appointment of eight full-time VCs in universities of West Bengal, ending a long state-Governor stalemate.

    West Bengal gets Eight Full-Time VCs in Universities Across the State

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    IndusInd Bank Names Amitabh Kumar Singh as Chief Human Resources Officer

    IndusInd Bank Names Amitabh Kumar Singh as Chief Human Resources Officer

    Stripe, NEC to Pilot Face Recognition Payment Integration at Singapore FinTech Festival

    Stripe, NEC to Pilot Face Recognition Payment Integration at Singapore FinTech Festival

    IIHL Forms JV with Invesco to Expand its BFSI Offerings

    IIHL Forms JV with Invesco to Expand its BFSI Offerings

    The government plans to merge Union Bank of India and Bank of India, creating India’s second-largest PSU bank after SBI, as part of banking reforms.

    Govt Plans Merger of Union Bank of India and Bank of India to form Second-Largest PSU Lender

    Tally Solutions, Indian Bank Collaborate to Simplify MSME Digital Payments

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    SBI to Hire 3,500 Officers; Aims for 30% Women Workforce within Five Years

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    Ministry of Finance Unveils New Nomination Provisions under Banking Laws (Amendment) Act, Effective from November 1

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    India notifies key DPDP Rules 2025, setting phased compliance timelines and stricter standards on consent, breaches, children’s data, audits and data governance.

    DPDP Rules Notified: Experts Call It a Landmark Shift in India’s Data Governance Framework

    It Ministry has notified the DPDP Rules, setting an 18-month compliance roadmap for India’s new data protection regime, strict breach reporting, parental consent for children’s data, and phased rollout of consent managers and core obligations.

    DPDP Rules Notified: Govt Sets 18-Month Rollout, Introduces Strict Data Breach Reporting and Parental Consent Norms

    Andhra Pradesh signs MoUs with Taiwanese firms Allegiance Group and eJoule India JV worth Rs 18,400 crore to boost industrial and clean energy manufacturing growth.

    Andhra Pradesh Signs MoUs with Taiwanese Firms to Boost Industrial and Clean Energy Growth

    IndiaAI, IEA, AI in Energy, Casebook, Sustainability, Innovation, Energy Efficiency, Global Call for Abstracts

    IndiaAI Mission and IEA Announce Global Call for Abstracts on AI in Energy Casebook

    UIDAI partners with Behavioural Insights Limited to boost Aadhaar biometric updates for children, using behavioural science and waiving MBU fees for one year.

    UIDAI Partners with Behavioural Insights Limited to Boost Aadhaar Biometric Updates for Children

    MeitY issues SOP to curb Non-Consensual Intimate Imagery online, ensuring swift removal within 24 hours and stronger victim protection through multi-agency action.

    MeitY Issues SOP to Tackle Non-Consensual Intimate Imagery Online

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    Yatri Sathi, the West Bengal government’s mobility app, is adjudged India’s best urban transport project by MoHUA.

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    MapmyIndia Mappls Partners with Survey of India and IOCL to Boost Geospatial and IoT Solutions

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    India notifies key DPDP Rules 2025, setting phased compliance timelines and stricter standards on consent, breaches, children’s data, audits and data governance.

    DPDP Rules Notified: Experts Call It a Landmark Shift in India’s Data Governance Framework

    It Ministry has notified the DPDP Rules, setting an 18-month compliance roadmap for India’s new data protection regime, strict breach reporting, parental consent for children’s data, and phased rollout of consent managers and core obligations.

    DPDP Rules Notified: Govt Sets 18-Month Rollout, Introduces Strict Data Breach Reporting and Parental Consent Norms

    Dr Balkar Singh, a 2004 batch IAS officer of the Uttar Pradesh cadre, has been appointed Secretary of the Uttar Pradesh IAS Association.

    Dr Balkar Singh Takes Helm as Uttar Pradesh IAS Association Secretary

    The Government of India has withdrawn 14 BIS Quality Control Orders for key chemical, polymer and fibre materials, easing compliance, reducing costs and boosting industry growth.

    Govt Withdraws 14 BIS Quality Control Orders, Easing Compliance Burden for Key Manufacturing Sectors

    IDAS Amit Kumar Appointed Deputy Secretary, Ministry of Steel

    IDAS Amit Kumar Appointed Deputy Secretary, Ministry of Steel

    Linking Jewar’s Noida International Airport with the Ganga Expressway, the 74-km corridor will boost fast connectivity, support YEIDA sectors and enhance regional travel.

    Noida Airport-Ganga Expressway Link Road Gains Pace as UPEIDA Finalises Alignment

    Andhra Pradesh signs MoUs with Taiwanese firms Allegiance Group and eJoule India JV worth Rs 18,400 crore to boost industrial and clean energy manufacturing growth.

    Andhra Pradesh Signs MoUs with Taiwanese Firms to Boost Industrial and Clean Energy Growth

    Noida halts construction, bans certain vehicles as CAQM enforces GRAP Stage-III to combat severe air pollution with AQI levels crossing 400 in several areas.

    Noida Halts Construction, Restricts Vehicles as GRAP Stage-III Kicks In Amid ‘Severe’ Air Quality

    IndiaAI, IEA, AI in Energy, Casebook, Sustainability, Innovation, Energy Efficiency, Global Call for Abstracts

    IndiaAI Mission and IEA Announce Global Call for Abstracts on AI in Energy Casebook

  • Healthcare
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    Delhi Govt to Set Up 187 Arogya Mandirs in the City to Improve Primary Healthcare

    Delhi Govt to Set Up 187 Arogya Mandirs to Improve Primary Healthcare

    PB Health Acquires Fitterfly to Strengthen Preventive Care and Chronic Disease Management

    PB Health Acquires Fitterfly to Strengthen Preventive Care and Chronic Disease Management

    Max Healthcare, Tata Institute for Genetics and Society Partner to Advance Genomics in Healthcare

    Max Healthcare, TIGS Partner to Advance Genomics in Healthcare

    Chhattisgarh Govt Approves Rs 1,390 Cr for New Medical Colleges and Healthcare Projects

    Chhattisgarh Govt Approves Rs 1,390 Cr for New Medical Colleges and Healthcare Projects

    Superhealth Partners with United Imaging in Rs 2,500 Crore Deal to Strengthen Radiology Infrastructure

    Superhealth Partners with United Imaging in Rs 2,500 Crore Deal to Strengthen Radiology Infrastructure

    ICICI Bank Commits Rs 625 Cr to Build Radiation Therapy Facilities at Tata Memorial Centre

    ICICI Bank Commits Rs 625 Cr to Build Radiation Therapy Facilities at Tata Memorial Centre

    IIT Kharagpur has developed the Setu app to enhance campus experience and take care of student well-being.

    IIT Kharagpur Goes Live with Setu App for Student Well-being

    Govt Launches New Features of Tele MANAS App to Boost Mental Health Services

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    IIT Guwahati researchers develop a new material to detect kerosene adulteration in petrol and absorb oil spills, offering safer, eco-friendly cleanup solutions.

    IIT Guwahati Researchers Develop Material to Detect Kerosene Adulteration and Absorb Oil Spills

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    Six new Vice-Chancellors take charge at major West Bengal universities, including Calcutta and Jadavpur University.

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    Coal India, IIT Madras Join Hands to Set Up Centre for Sustainable Energy

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    IndusInd Bank Names Amitabh Kumar Singh as Chief Human Resources Officer

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    India notifies key DPDP Rules 2025, setting phased compliance timelines and stricter standards on consent, breaches, children’s data, audits and data governance.

    DPDP Rules Notified: Experts Call It a Landmark Shift in India’s Data Governance Framework

    It Ministry has notified the DPDP Rules, setting an 18-month compliance roadmap for India’s new data protection regime, strict breach reporting, parental consent for children’s data, and phased rollout of consent managers and core obligations.

    DPDP Rules Notified: Govt Sets 18-Month Rollout, Introduces Strict Data Breach Reporting and Parental Consent Norms

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Home BFSI Banking

South Indian Bank expands product portfolio with flexible savings accounts for NRIs

By: APAC News Network

by APAC News Network
April 19, 2023
in Banking
Reading Time: 2 mins read
South Indian Bank launches first Digital Banking Unit in Thrissur, Kerala

Thrissur: South Indian Bank has announced the launch of flexible saving products for NRI customers today. NRIs can now enjoy the flexibility to either maintain deposits or the prescribed savings account minimum balance with these products.

South Indian Bank has been on the journey of simplifying banking needs and providing best in class customer experience. The roll out of SIB SEAFARER and SIB PULSE for mariners and healthcare professionals are just the instances for the same.

Speaking on the launch, Mr. Murali Ramakrishnan, Managing Director & Chief Executive Officer (CEO), South Indian Bank, said, “It has been our constant endeavour to provide our customers with banking products that fulfil their needs. Accordingly, our flexible savings products will offer targeted NRI segments with convenient avenues to park their savings. We are confident that SIB SEAFARER & SIB PULSE will lay the foundation for more such products in the banking domain. I’m sure these products will create a new & universal template for the way NRI depositors transact with banks.”

Salient Features of SIB Seafarer and SIB Pulse are:

SEAFARERPULSE
  • Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts (eligible for the latest 2 NR Accounts opened)
  • No minimum balance required for the maintenance of the NRI Term Deposit of Rs.2,00,000/- and above
  • Experience best in class digital banking through Mirror+ and SiBerNet.
  • UPI payment facility available
  • Airport lounge access with International debit card available.
  • Priority banking facility available for you and your family
  • Special rates for inward remittances*
  • Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts (eligible for the latest 2 NR Accounts opened)
  • NR Term Deposit above Rs.2 Lakh or • RD with minimum monthly instalment above Rs.20,000/-
  • Get 1000 SIB REWARD points on opening the NRE/ NRO account together
  • Preference for 25% waiver on processing fees for Home Loans and Vehicle Loans.
  • Priority banking facility available for you and your family
  • UPI payment facility available
  • Airport lounge access with International debit card
Tags: APACBFSINRISouth Indian Bank
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