Catholic
Syrian Bank in pact with Birla Sunlife
Our
Banking Bureau
2 August 2004
Kochi:
Catholic Syrian Bank has decided to subscribe to Birla
Sun Life Insurance Company's (BSLI) group superannuation
plan.
With
a commitment to provide its 3,000 employees with a comfortable
retirement benefits, the bank has chosen BSLI as the
ideal partner to park the corpus of Rs 10 crore.
Commenting
on the development, NR Achan, chairman and CEO of the
bank, said: "It is but natural that we cement our
relationship further by entrusting BSLI with our employee
benefit
superannuation
fund. We are positive that BSLI will create value for
us. Their transparent ways of functioning and prudent
management practices are well known to us."
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of reports on Catholic Syrian Bank