South Indian Bank

Last updated

The South Indian Bank Ltd.
Company type Public
BSE:  532218
NSE:  SOUTHBANK
Industry Banking
Financial services
Founded1929;96 years ago (1929)
Headquarters Thrissur, Kerala, India
Key people
  • V J Kurian
    (Chairman)
  • P R Seshadri
    (MD & CEO)
[1] [2]
Products Credit cards, Mutual Fund Trading, Demat account, Consumer banking, Corporate banking, Finance and Insurance, Mortgage loans, Private banking, Wealth management, Investment banking
Revenue₹11,226.74 Crores (FY2024-25) [3]
Increase2.svg₹1,756.89 crore (US$210 million) (2025) [3]
Increase2.svg₹1,302.88 crore (US$150 million) (2025) [3]
Total assets ₹1,24,655.12 Crores (FY 2024-25) [3]
Total equity ₹9622Crore (As of 31 October 2025) [4]
Number of employees
9,369 (As of 31 March 2025) [3]
Subsidiaries SIB Operations and Services Limited [5]
Capital ratio 19.31% [3]
RatingCRISIL A1+ [6]
Website www.southindianbank.bank.in

The South Indian Bank Limited (SIB) is a major private-sector bank headquartered at Thrissur in Kerala, India. As of 31 December 2024, the bank had a network of 955 banking outlets (954 branches and 1 service branch) and 1290 ATMs/CRMs (1159 ATMs and 131 CRMs) spanning 26 states and 4 union territories). [7] [8]

Contents

History of SIB

Old logo Southindianbank logo.gif
Old logo

South Indian Bank was registered in 1929 under the Companies Act. [9] It commenced business on 29 January 1929 at Round South, Thrissur.

It was included in the second schedule of the Reserve Bank of India and became a scheduled bank on 7 August 1946. SIB was the first scheduled bank in the private sector in Kerala to get the license under Section 22 of the Banking Regulation Act, 1949 from the RBI on 17 June 1957.

The bank has won the 'UiPath Automation Excellence Awards 2021' for Best Automation under crisis for business continuity.[ citation needed ]

Board of directors

See also

References

  1. ↑ "Board of Directors - South Indian Bank". southindianbank.com. Retrieved 8 October 2020.
  2. ↑ " southindianbank.com (31 March 2024).
  3. 1 2 3 4 5 6
  4. ↑
  5. ↑ "SIBOSL (Wholly Owned Subsidiary)".
  6. ↑
  7. ↑ southindianbank.bank.in
  8. ↑ "About us". The South Indian Bank Ltd. South Indian Bank Ltd. Retrieved 6 November 2025.
  9. ↑ "SOUTH INDIAN BANK LIMITED". Zauba Corp.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.