South Indian Bank

South Indian Bank Limited (SIB) is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 924 branches, 4 service branches, 53 extension counters and 20 Regional Offices spread across India. The bank has also set up more than 1,500[3] ATMs and 91 Cash Deposit Machines.[4]

South Indian Bank Ltd.
TypePublic
BSE: 532218
NSE: SOUTHBANK
IndustryBanking
Financial services
Founded29 January 1929 (1929-01-29)
HeadquartersThrissur, Kerala, India
Key people
[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₹6,562.64 crore (US$860 million) (2017)[2]
₹1,214.59 crore (US$160 million) (2017)[2]
₹392.50 crore (US$52 million) (2017)[2]
Total assets₹74,312.15 crore (US$9.8 billion) (2017)[2]
Number of employees
7,677 (2017) [2]
Capital ratio12.37% [2]
Websitesouthindianbank.com

History of SIB
Old logo

South Indian Bank was registered as a Private Limited Company under the Companies Act of 2013 and 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 bas won the ' UiPath Automation Excellence Awards 2021' for Best Automation under crisis for business continuity.

Board of directors
  • Salim Gangadharan, Chairman
  • Murali Ramakrishnan - Managing Director & CEO
  • Pradeep M. Godbole - Director
  • M. George Korah - Director
  • Dr. John Joseph - Director
  • Francis Alapatt - Director
  • Achal Kumar Gupta - Director
  • V. J. Kurian - Director
  • Ranjana Salgaocar - Director
  • Ram Chandra Saha - Director [5]

See also

References
  1. "Board of Directors - South Indian Bank". southindianbank.com. Retrieved 8 October 2020.
  2. "Balance Sheet 31.03.2017" southindianbank.com (16 March 2018).
  3. southindianbank.com
  4. "About us". South Indian Bank Ltd. Retrieved 23 February 2010.
  5. southindianbank.com
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