South Indian Bank plans to change logo

Within a week of notifying the stock exchange about its intention to look for takeover of a mid-sized or smaller bank, the Kerala-based South Indian Bank informed the exchange about its proposed decision to change the 'logo'. The bank's Chairman, Mr V.A.Joseph, told that the image makeover was intended to give it a 'national or global image'. The bank is also in the process of finalising its Brand Ambassador. The bank has also initiated steps to renovate the interiors of some of its age-old branches to give it a 'look-alike wherever you go' feel.