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Last edited March 22, 2026


The South Indian Bank Ltd.
Traded asBSE532218<br />NSESOUTHBANK
IndustryBanking<br />Financial services
Founded1929; 97 years ago (1929)
HeadquartersThrissur, Kerala, India
Key people
  • V J Kurian<br> (Chairman)
  • P R Seshadri <br> (MD & CEO)
<ref>"Board of Directors - South Indian Bank". southindianbank.com. Retrieved 8 October 2020.</ref><ref name="BalSheet">" southindianbank.com (31 March 2024).</ref>
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) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
Increase 1,756.89 crore (US$250 million) (2025) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
Increase 1,302.88 crore (US$180 million) (2025) <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
Total 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"/>
Total equity₹9622Crore (As of 31 October 2025) <ref name="https://ticker.finology.in/company/SOUTHBANK"/>
Number of 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"/>
SubsidiariesSIB Operations and Services Limited <ref>"SIBOSL (Wholly Owned Subsidiary)".</ref>
Capital ratio class39 = tel19.31% <ref name="https://www.southindianbank.bank.in/userfiles/file/south_indian_bank_annual_report_2024-25_interactive.pdf"/>
RatingCRISIL A1+ <ref name="https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/TheSouthIndianBankLimited_October%2003_%202024_RR_353348.html"/>
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).<ref>southindianbank.bank.in</ref><ref>"About us". The South Indian Bank Ltd. South Indian Bank Ltd. Retrieved 6 November 2025.</ref>

History of SIB

Old logo

South Indian Bank was registered in 1929 under the Companies Act.<ref>"SOUTH INDIAN BANK LIMITED". 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.

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

Board of directors

  • 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

References

External links