One of the earliest banks in South India, "South Indian Bank" came into being during the Swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala), in the erstwhile State of Cochin to provide for the people a safe, efficient and service oriented repository of savings of the community on one hand and to free the business community from the clutches of greedy money lenders on the other by providing need based credit at reasonable rates of interest. Translating the vision of the founding fathers as its corporate mission, the bank has during its long sojourn been able to project itself as a vibrant, fast growing, service oriented and trend setting financial intermediary. Milestones The FIRST among the private sector banks in Kerala to become a scheduled bank in 1946 under the RBI Act. The FIRST bank in the private sector in India to open a Currency Chest on behalf of the RBI in April 1992. The FIRST private sector bank to open a NRI branch in November 1992. The FIRST bank in the private sector to start an Industrial Finance Branch in March 1993. The FIRST among the private sector banks in Kerala to open an "Overseas Branch" to cater exclusively to the export and import business in June 1993. The FIRST bank in Kerala to develop an in-house, a fully integrated branch automation software in addition to the in-house partial automation solution operational since 1992. The FIRST Kerala based bank to implement Core Banking System. The THIRD largest branch network among Private Sector banks, in India, with all its branches under Core banking System.
View Top Employees from South Indian BankWebsite | http://www.southindianbank.com |
Ticker | SOUTHBANK |
Revenue | $725 million |
Funding | $157.6 million |
Employees | 5,142 (3,194 on RocketReach) |
Founded | 1929 |
Address | SIB HOUSE, MISSION QUARTERS, Thrissur, Kerala 680001, IN |
Phone | +91 487 242 0020 |
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Industry | Banking, Finance, Banking Company, Financial Services, FinTech |
Web Rank | 57925 |
Web Visits | 699030 |
Keywords | Private Sector, Indian Bank |
Competitors | Axis Bank, DCB Bank, JS Bank, Karnataka Bank, Pubali Bank Limited |
SIC | SIC Code 60 Companies, SIC Code 602 Companies |
NAICS | NAICS Code 522110 Companies, NAICS Code 52 Companies, NAICS Code 5221 Companies, NAICS Code 52211 Companies, NAICS Code 522 Companies |
Looking for a particular South Indian Bank employee's phone or email?
The South Indian Bank annual revenue was $725 million in 2024.
Chithra Hariharan is the CFO of South Indian Bank.
3,194 people are employed at South Indian Bank.
South Indian Bank is based in Thrissur, Kerala.
The NAICS codes for South Indian Bank are [522110, 52, 5221, 52211, 522].
The SIC codes for South Indian Bank are [60, 602].