Catholic Syrian Bank

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Catholic Syrian Bank

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catholicsyrian Catholic Syrian BankOverview:
The genesis of Indian Banking is associated to a large extent with Swadeshi Movement, which inspired many Indians to promote Swadeshi Banks in the beginning of the 20th Century. The enterprising founders of Catholic Syrian Bank Ltd also found this period to be a moment of opportunity to promote the establishment of a bank. Thus was born The Catholic Syrian Bank Ltd, Eight decades ago, on 26th November 1920 to be exact at Thrissur,which in later years acquired the unique distinction of being a centre with the highest concentration of banks in the South. The founder directors of the bank were people of eminence known for their foresight, integrity and initiative. The policy they laid down has been consistently upheld by the successive generations who guided the destiny of the institution. The bank commenced business on January 1st, 1921 with an authorised capital of Rs.5 lakhs and a paid up capital of Rs. 45270/-. In August 1969, the Bank was included in the Second Schedule to the Reserve Bank of India Act 1934. In 1975, the Bank attained the status of “A” Class Scheduled Bank when its total Deposits crossed Rs.25 crores. The necessity of imparting training to staff looked very important and a modest beginning was therefore, made in setting up a Training College in 1975. In the same year the Bank entered the field of foreign Exchange. At a very early stage, the Bank recognised mechanisation as an effective tool of management and streamlined its accounting procedures by introduction of Data processing system. From November 1975, reconciliation of inter-branch accounts was mechanised by using IBM Data processing machines. At present, the bank has a network of 363 branches and 1 extension counter which includes NRI/SSI/Industrial Finance and Service branches. The Bank also plans to open more number of branches in a phased manner. The vision of the bank is “By the year 2010, CSB aims to become a truly global bank with presence all over India and at strategic centres/locations abroad, absorbing the latest in information technology, on the best of sound banking principles and traditions”.

Recruitment Procedure:
Post Graduates in Science and Engineering – Minimum Marks – 60% or Post Graduates in Arts, Commerce, Law and others – Minimum Marks – 55% is required. Selection will be on the basis of a written test/skill test and a personal interview. Candidates who will be qualified in the written test/skill test will only be called for the personal interview.

Head Office
The Catholic Syrian Bank Ltd.
CSB Bhavan,
Head Office: P.B No. 502,
St. Mary’s College Road,
Thrissur – 680 020,
Kerala, India.

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