Thiruvananthapuram: The South Indian Bank (SIB) has signed an agreement with Indian Oil Corp (IOC) to set up automated teller machines (ATMs) at the latter’s filling stations across India.

Under the agreement, the bank would initially set up ATMs at 17 retail IOC outlets. It will also add 23 branches to its countrywide network, taking the total number of branches to 575 by the year-end.