South Indian Bank is a Private Bank in India with 822 branches, 1,200 ATM's and 7,137 employees across the country.
South Indian Bank's registered office is located at The South Indian Bank Ltd., SIB House, T.B. Road Mission Quarters, Thrissur Kerala-680001 India.
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 1,366 crs. and Standalone net profit of Rs. 307 crs. South Indian Bank reported total deposits of Rs. 51,912 crs and total advances of Rs. 37,392 crs.
South Indian Bank's management is led by its CEO Mr. V.G. Mathew.
Highest fixed deposit interest offered by South Indian Bank is 7.15% per annum on deposits.
Its current Base Rate is 10.00%, which was last revised on 11th Nov 15.
01st Dec 16 South Indian Bank reduces its MCLR up to 30 basis points
South Indian Bank has reduced its overnight and one month marginal cost of lending rate by 30 basis points to 9 percent and 9.05 percent respectively. The bank has reduced its six month lending rate by 5 basis points to 9.45 percent from 9.50 percent earlier. Revised rates are effective from 1st December, 2016.
12th Jul 16 South Indian Bank reports 46% rise in Q1 net profit
South Indian Bank has reported 46 per cent rise in its net profit at Rs 95.06 crore for first quarter ended June 30, 2016. Total income of the bank has increased by 9.47% at Rs 1620.67 crore. Growth was driven by increased lending to the agriculture, small and medium enterprise (SME), housing and auto sectors, which registered substantial growth year on year. Agriculture and SME advances rose 22 per cent, while home and auto loan portfolios increased by 19 per cent and 28 per cent, respectively.
28th Jan 16 South Indian Bank Q3FY16 net profit up by 16 per cent
SIB net profit for the quarter December 2015 stood at Rs. 101 Cr due to their refocus on business strategies and now the bank has been focusing on various retail sectors for asset growth
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