BRANCHES: 520 EXT.COUNTERS: 17 ATM: 263
Building Blocks
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.
Vision
To build a strong brand image to make the South Indian Bank technology driven, customer oriented and the most preferred bank, where passion for excellence is a way of life, innovation is a tradition, commitment to values is unshaken and customer loyalty is abiding, enabling the Bank to achieve an impressive all round, (but better than the peer group) business growth, build a healthy, qualitative and strong asset base and earn commensurate profits.
Mission
To become the most preferred and fastest growing among the Kerala based banks, with a strong brand image as customer focused, technology driven and an innovative bank with core competence in fostering relationship banking, garnering core deposits with accent on cost, creating and maintaining high yielding quality assets through focused marketing, qualitative appraisal and effective monitoring, ensuring a high level of internal efficiency through impeccable housekeeping and enhancing shareholder value by achieving the highest net profits amongst the peer group banks of Kerala.
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.
Future Perfect
The South Indian Bank with a new logo and image, marches on. With branches all over India and a clientele across the world, the bank is considered one of the most pro active banks in India with a competent tech savvy team of professional at the core of services.
Awards & Recognition
South Indian Bank Bags Special Award from IDRBT for Banking Technology Excellence
South Indian Bank has won a special award for excellence in Banking Technology from IDRBT (Institute for Development and Research in Banking Technology) – the technical arm of the Reserve Bank of India. This award was presented to our Bank as a national level recognition to the excellent contribution made in the area of Information Systems Security Policies and Procedures. Competing against top level banks in India across all categories such as Public Sector Banks, Private Sector Banks, Foreign Banks and Co-operative Banks, the recognition from IDRBT is really a feather in the cap.
In a glittering function on 2nd September 2006 at IDRBT, Hyderabad, our Bank’s Chairman and Chief Executive Officer, Dr. V A Joseph and the Deputy General Manager (IT), Mr. P J Jacob jointly received this award from the Governor of RBI, Dr. Y V Reddy.
SIB Essay Competition
South Indian Bank conducts SIB Essay Competition, every year for High School/College students in Kerala or children of Non-Resident Indians, studying abroad. Each year a topic of importance is selected as the theme for the competition.
TOPIC OF THE YEAR : TERRORIST ACTIVITIES - A THREAT TO INTERNATIONAL BROTHERHOOD
Click on the links given below to download Entry Form
I.Children of Non-Resident Indians studying abroad
II.Students of Colleges and Schools (including Plus Two) in India
Last date for receipt of entries : 31st January 2009. Entries received after this date will not be considered.
The envelope shall be superscribed with the words “Entry for SIB Essay
Competition - NRI Students”.
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