South Indian Bank: Difference between revisions

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| image_caption = South Indian Bank Head Office
| image_caption = South Indian Bank Head Office
| type = [[Public]]
| type = [[Public]]
| traded_as = {{BSE|532218}}<br />{{NSE|SOUTHBANK}}
| traded_as = {{BSE|532218}}<br />{{NSE|SOUTHBANK}}
| industry = [[Banking]]&lt;br /&gt;[[Financial service]]s
| industry = [[Banking]]<br />[[Financial service]]s
| founded = {{Start date and age|1929|df=yes}}
| founded = {{Start date and age|1929|df=yes}}
| key_people = {{ubl|V J Kurian&lt;br&gt; {{small|(Chairman)}}|P R Seshadri &lt;br&gt; {{small|(MD &amp; CEO)}}}} &lt;ref&gt;{{Cite web|title=Board of Directors - South Indian Bank|url=https://www.southindianbank.com/content/board-of-directors/855|access-date=2020-10-08|website=southindianbank.com}}&lt;/ref&gt;&lt;ref name="BalSheet"&gt;[https://www.southindianbank.com/userfiles/file/annual_report_sib_2023-24.pdf"] southindianbank.com (31 March 2024).&lt;/ref&gt;
| key_people = {{ubl|V J Kurian<br> {{small|(Chairman)}}|P R Seshadri <br> {{small|(MD &amp; CEO)}}}} <ref>{{Cite web|title=Board of Directors - South Indian Bank|url=https://www.southindianbank.com/content/board-of-directors/855|access-date=2020-10-08|website=southindianbank.com}}</ref><ref name="BalSheet">[https://www.southindianbank.com/userfiles/file/annual_report_sib_2023-24.pdf"] southindianbank.com (31 March 2024).</ref>
| products = [[Credit card]]s, [[Mutual Funds|Mutual Fund Trading]], [[Demat account]], [[Retail banking|Consumer banking]], [[Commercial bank|Corporate banking]], [[Financial services|Finance and Insurance]], [[Mortgage loan]]s, [[Private banking]], [[Wealth management]], [[Investment banking]]
| products = [[Credit card]]s, [[Mutual Funds|Mutual Fund Trading]], [[Demat account]], [[Retail banking|Consumer banking]], [[Commercial bank|Corporate banking]], [[Financial services|Finance and Insurance]], [[Mortgage loan]]s, [[Private banking]], [[Wealth management]], [[Investment banking]]
| revenue = ₹11,226.74 Crores (FY2024-25) &lt;ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/&gt;
| revenue = ₹11,226.74 Crores (FY2024-25) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
| operating_income = {{increase}} {{INRConvert|1756.89|c}} (2025) &lt;ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/&gt;
| operating_income = {{increase}} {{INRConvert|1756.89|c}} (2025) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
| net_income = {{increase}} {{INRConvert|1302.88|c}} (2025) &lt;ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/&gt;
| net_income = {{increase}} {{INRConvert|1302.88|c}} (2025) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
| assets = ₹1,24,655.12 Crores (FY 2024-25) &lt;ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/&gt;
| assets = ₹1,24,655.12 Crores (FY 2024-25) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
| equity = ₹9622Crore (As of 31 October 2025) &lt;ref name="https://ticker.finology.in/company/SOUTHBANK"/&gt;
| equity = ₹9622Crore (As of 31 October 2025) <ref name="https://ticker.finology.in/company/SOUTHBANK"/>
| num_employees = 9,369 (As of 31 March 2025) &lt;ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/&gt;
| num_employees = 9,369 (As of 31 March 2025) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
| subsid = SIB Operations and Services Limited &lt;ref&gt;{{Cite web |title=SIBOSL (Wholly Owned Subsidiary) |url=https://www.southindianbank.bank.in/investors-desk/shareholder-sub/sibosl-wholly-owned-subsidiary}}&lt;/ref&gt;
| subsid = SIB Operations and Services Limited <ref>{{Cite web |title=SIBOSL (Wholly Owned Subsidiary) |url=https://www.southindianbank.bank.in/investors-desk/shareholder-sub/sibosl-wholly-owned-subsidiary}}</ref>
| ratio = 19.31% &lt;ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/&gt;
| ratio = 19.31% <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
| location = [[Thrissur]], [[Kerala]], [[India]]
| location = [[Thrissur]], [[Kerala]], [[India]]
| rating = CRISIL A1+ &lt;ref name="https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/TheSouthIndianBankLimited_October%2003_%202024_RR_353348.html"/&gt;
| rating = CRISIL A1+ <ref name="https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/TheSouthIndianBankLimited_October%2003_%202024_RR_353348.html"/>
| homepage = {{url|https://www.southindianbank.bank.in}}
| homepage = {{url|https://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).&lt;ref&gt;[https://www.southindianbank.bank.in southindianbank.bank.in]&lt;/ref&gt;&lt;ref&gt;{{cite web |title=About us |url=https://www.southindianbank.bank.in/about-us/about-sib |access-date=2025-11-06 |website=The South Indian Bank Ltd |publisher=South Indian Bank Ltd}}&lt;/ref&gt;
'''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).<ref>[https://www.southindianbank.bank.in southindianbank.bank.in]</ref><ref>{{cite web |title=About us |url=https://www.southindianbank.bank.in/about-us/about-sib |access-date=2025-11-06 |website=The South Indian Bank Ltd |publisher=South Indian Bank Ltd}}</ref>


==History of SIB==
==History of SIB==
[[File:Southindianbank logo.gif|thumb|left|190px|'''Old logo''']]
[[File:Southindianbank logo.gif|thumb|left|190px|'''Old logo''']]
South Indian Bank was registered in 1929 under the [[Companies Act]].&lt;ref&gt;{{cite web |title=SOUTH INDIAN BANK LIMITED |url=https://www.zaubacorp.com/company/SOUTH-INDIAN-BANK-LIMITED/U65191KL1928PLC001011 |website=Zauba Corp}}&lt;/ref&gt; It commenced business on 29 January 1929 at Round South, [[Thrissur]].
South Indian Bank was registered in 1929 under the [[Companies Act]].<ref>{{cite web |title=SOUTH INDIAN BANK LIMITED |url=https://www.zaubacorp.com/company/SOUTH-INDIAN-BANK-LIMITED/U65191KL1928PLC001011 |website=Zauba Corp}}</ref> 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.
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.
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{{Commons category}}
{{Commons category}}
* [http://www.southindianbank.bank.in/ Official web site]
* [http://www.southindianbank.bank.in/ Official web site]
* [http://www.indiainfoline.com/Research/LeaderSpeak/Dr.-V.A-Joseph-Managing-Director-and-CEO-South-Indian-Bank/22607739 Interview of Dr. V.A Joseph, Former Managing Director &amp; CEO, South Indian Bank]
* [http://www.indiainfoline.com/Research/LeaderSpeak/Dr.-V.A-Joseph-Managing-Director-and-CEO-South-Indian-Bank/22607739 Interview of Dr. V.A Joseph, Former Managing Director & CEO, South Indian Bank]


{{Thrissur topics}}
{{Thrissur topics}}

Latest revision as of 09:33, 22 March 2026


The South Indian Bank Ltd.
Traded asBSE: 532218
NSE: SOUTHBANK
IndustryBanking
Financial services
Founded1929; 97 years ago (1929)
HeadquartersThrissur, Kerala, India
Key people
  • V J Kurian
    (Chairman)
  • P R Seshadri
    (MD & CEO)
[1][2]
ProductsCredit 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]
Increase ₹1,756.89 crore (US$250 million) (2025) [3]
Increase ₹1,302.88 crore (US$180 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]
SubsidiariesSIB Operations and Services Limited [5]
Capital ratio class39 = tel19.31% [3]
RatingCRISIL A1+ [6]
Websitewww.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]

History of SIB[edit | edit source]

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[edit | edit source]

  • V J Kurian IAS (Retd.) - Chairman
  • P R Seshadri - Managing Director and CEO
  • M George Korah - Director
  • Pradeep M. Godbole - Director
  • Paul Antony IAS (Retd.) - Director
  • R A Sankaranarayanan - Director
  • Benny P Thomas - Director
  • Lakshmi Ramakrishna Srinivas - Director
  • Jose Joseph Kattoor - Director
  • Dolphy Jose - Executive Director

See also[edit | edit source]

References[edit | edit source]

  1. ↑ "Board of Directors - South Indian Bank". southindianbank.com. Retrieved 8 October 2020.
  2. ↑ " southindianbank.com (31 March 2024).
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Cite error: Invalid <ref> tag; no text was provided for refs named https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf
  4. ↑ Cite error: Invalid <ref> tag; no text was provided for refs named https://ticker.finology.in/company/SOUTHBANK
  5. ↑ "SIBOSL (Wholly Owned Subsidiary)".
  6. ↑ Cite error: Invalid <ref> tag; no text was provided for refs named https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/TheSouthIndianBankLimited_October%2003_%202024_RR_353348.html
  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.

External links[edit | edit source]

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