South Indian Bank was established in 1929 in Thrissur, Kerala. Predominantly present in Kerala and the southern regions of India, the bank is expanding across the country. With 940 locations, three satellite branches and three ultra-small branches, South Indian Bank is growing its nationwide network. The bank’s focus is on corporate, personal, business and agricultural loans. The bank’s branch network covers 26 states and four Union Territories.
South Indian Bank was established during the Swadeshi movement. The bank was established with the objective of freeing the business sector from the clutches of moneylenders. The bank started by offering need-based loans at fair interest rates.
In 1946, South Indian Bank achieved the distinction of becoming the first private sector bank in Kerala to be scheduled under the RBI Act. It was also the first private sector bank in India to open a currency chest on behalf of the RBI in April 1992. South Indian Bank established its first NRI branch in November 1992.
With a market capitalisation of over ₹5,500 crore as of December 29, 2023) South Indian Bank is listed both in the BSE and NSE. South Indian Bank’s share price has gained more than 190% in three years.
In 2020, the bank unveiled six strategic priorities, or the 6Cs, leading to significant initiatives to restructure the control operations, liability and asset verticals.
These strategic priorities include:
Capital Adequacy:
The bank’s primary goal is to increase its capital reserves so that it would have a strong foundation for its future plans.
Customer Focus: South Indian Bank uses a phygital approach that combines digital and physical elements at its branches. This approach of the bank is to improve the experience for its customers.
Competency Building:
Realising the value of the contributions made by its young staff members, the bank is investing in initiatives to help them hone their abilities.
Cost-To-Income Ratio: One of South Indian Bank’s main priority is to optimise the cost-to-income ratio. By reducing this percentage, the bank seeks to improve both operational and overall financial performance.
CASA:
South Indian Bank wants to improve the portfolio of Customer Acquisition and Savings Accounts (CASA) by providing financial services that align with customer needs.
Compliance:
The bank strives to ensure that its compliance obligations are met out of a strong sense of duty.
The South Indian Bank Financial Highlights
- Revenue: The South Indian Bank reported revenue of ₹11,855.28 crore in FY26 vs ₹11,226.29 crore in FY25. It showed an increase of 5.60% on a yearly basis.
- Operating Profit: The South Indian Bank reported an operating profit of ₹1,956.51 crore in FY26 vs ₹1,757.07 crore in FY25. It showed an increase of 11.35% on a year-on-year basis.
- Net Profit: The South Indian Bank reported a net profit of ₹1,455.64 crore in FY26 vs ₹1,303.10 crore in FY25. It showed an increase of 11.71% on a yearly basis.
The South Indian Bank Quarterly Result Highlights
- The South Indian Bank reported revenue of ₹2,945.32 crore in Mar 2026, compared with ₹3,003.26 crore in Dec 2025, representing a decrease of 1.93% on a quarter-on-quarter (QoQ) basis.
- The South Indian Bank reported an operating profit of ₹546.53 crore in Mar 2026, compared with ₹504.16 crore in Dec 2025, representing an increase of 8.40% on a quarter-on-quarter (QoQ) basis.
- The South Indian Bank reported a profit of ₹407.40 crore in Mar 2026, compared with ₹374.48 crore in Dec 2025, reflecting an increase of 8.79% on a QoQ basis.
- The earnings per share (EPS) of The South Indian Bank stood at ₹4.98 during Mar 2026.
