South Indian Bank Ltd

Past performance
Performance overview
South Indian Bank Ltd
About South Indian Bank Ltd The South Indian Bank (SIB), established in 1929 in Thrissur, Kerala, is one of South India's oldest banks. Initially a Private Limited Company, it became a Public Limited Company in 1939 and was the first private sector bank in Kerala to become a scheduled bank in 1946. SIB offers a range of banking services, including retail and corporate banking, para banking activities, treasury, and foreign exchange. It has expanded significantly over the decades, now boasting a network of 955 branches and 1,321 ATMs/CRMs across 30 states and union territories as of March 2024. SIB has been a pioneer in adopting technology-driven solutions, launching internet banking under 'SIBerNet,' mobile banking applications like SIB Mirror+, and introducing innovative products such as the SIB-SBI co-branded credit cards. The bank has also embraced digital platforms for mutual funds and tax payments. Its strategic expansions and product innovations have facilitated a total business growth to Rs 1,82,346.52 crore, with deposits at Rs 1,01,920.26 crore and gross advances at Rs 80,426.26 crore by March 2024, reinforcing its commitment to evolving in the competitive banking landscape.
Website southindianbank.com
Founded 1929
Headquarters Thrissur