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South Indian Bank Limited (SIB) is a major private sector bank headquartered at
Thrissur Thrissur (), formerly Trichur, also known by its historical name Thrissivaperur, is a city and the headquarters of the Thrissur district in Kerala, India. It is the third largest urban agglomeration in Kerala after Kochi and Kozhikode, and ...
in
Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South C ...
,
India India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...
. South Indian Bank has 933 branches, 4 service branches, 1 extension counters and 18 Regional Offices spread across India. The bank has also set up more than 1,200
ATM ATM or atm often refers to: * Atmosphere (unit) or atm, a unit of atmospheric pressure * Automated teller machine, a cash dispenser or cash machine ATM or atm may also refer to: Computing * ATM (computer), a ZX Spectrum clone developed in Mo ...
s and 120 Cash Deposit Machines.


History of SIB

South Indian Bank was registered in 1928 under the
Companies Act Companies Act (with its variations) is a stock short title used for legislation in Botswana, Hong Kong, India, Kenya, Malaysia, New Zealand, South Africa and the United Kingdom in relation to company law. The Bill for an Act with this sh ...
. It commenced business on 29 January 1929 at Round South,
Thrissur Thrissur (), formerly Trichur, also known by its historical name Thrissivaperur, is a city and the headquarters of the Thrissur district in Kerala, India. It is the third largest urban agglomeration in Kerala after Kochi and Kozhikode, and ...
. It was included in the second schedule of the
Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible f ...
and became a scheduled Bank on 7 August 1946. SIB was the first scheduled Bank in the private sector in
Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South C ...
to get the license under Section 22 of the Banking Regulation Act, 1949 from the RBI on 17 June 1957. The Bank has 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 southindianbank.com
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See also

*
Banking in India Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. ...
*
List of banks in India This is the list of banks which are listed as Scheduled Banks (India) under second schedule of RBI Act, 1934. Commercial banks Public Sector Banks (PSBs) There are 12 public sector banks as of 15 November 2021 Private-sector banks ...
*
Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible f ...
*
Indian Financial System Code The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: ...
*
List of largest banks The following are lists of the largest banks in the world, as measured by total assets. By total assets The list is based on the April 2022 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon ...
*
List of companies of India India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. In 2019, the Indian economy was the world's fifth ...
*
Make in India Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The policy approach was to crea ...


References


External links


Official web site

Interview of Dr. V.A Joseph, Former Managing Director & CEO, South Indian Bank
{{Authority control South Indian Bank Banks based in Thrissur Banks established in 1929 Private sector banks in India Indian companies established in 1928 Indian companies established in 1929 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange