About South Indian Bank Limited

The South Indian Bank Limited is a legacy Indian private sector bank with roots dating back to 1929. Headquartered at SIB House, Mission Quarters, T.B. Road, Thrissur, Kerala, the Bank serves customers across India through 948 branches and digital channels, operating solely within the domestic market with no overseas assets, branches or revenue.

The Bank offers a broad suite of retail and corporate financial products including home loans, vehicle loans, personal loans, gold loans, mortgages, and business banking solutions such as working capital finance, overdrafts, term loans, supply chain finance, and international banking services. It also provides credit cards like SIB–OneCard and co-branded South Indian Bank–SBI Cards, supporting an active third-party distribution network for insurance and investment products, underpinned by extensive digital banking capabilities.

As of March 31, 2025, the Bank has 9,369 employees and reported its highest-ever net profit of Rs 1,303 crore, a 22% year-on-year increase. Asset quality has improved with Gross NPA at 3.20%, Net NPA at 0.92%, and a Provision Coverage Ratio (including write-offs) rising to 85.03%. Digital transactions now represent over 98% of transactions, showcasing the Bank’s technology-led transformation.

South Indian Bank Limited Business Segment

The Bank focuses on retail and corporate banking services including loans, deposits, credit cards, insurance, and investment product distribution. It emphasizes technology-enabled banking, digital transaction growth, and a balanced retail and MSME lending portfolio.

The Bank operates exclusively in the India geographic segment, delivering a combination of retail and corporate banking services, supported by an extensive branch and digital footprint.

South Indian Bank Limited Key Management

• V J Kurian – Chairman
• P R Seshadri – Managing Director & CEO
• Dolphy Jose – Executive Director
• Vinod Francis – Chief Financial Officer
• Anto George T – Chief Operating Officer
• Jimmy Mathew – Company Secretary

Latest Updates on South Indian Bank Limited

• Exercised call options on Basel III-compliant bonds totaling Rs 750 crore in 2024 and 2025.
• Shareholder approval obtained for fund-raising up to Rs 750 crore via equity and Rs 750 crore via bonds in August 2024.
• Launched multiple Straight-Through Processing (STP) flows to accelerate MSME and retail loan approvals, with over 98% of transactions digitally processed.
• Home loans grew by 19% and vehicle loans by 65%, crossing Rs 1,000 crore in auto disbursements supported by in-house platforms and partnerships.
• Expanded retail offerings including premium digital metal credit cards and co-branded credit cards, alongside continued insurance and investment product distribution.
• Deposits reached Rs 1,07,526 crore, with CASA balances at Rs 33,730 crore achieving a 31.37% CASA ratio; NRI deposits stood at Rs 10,322 crore.