South Indian Bank

EXPERIENCE NEXT-GEN BANKING

General Information
Company Name
South Indian Bank
Founded Year
1929
Location (Offices)
Thrissur, India +1
Founders / Decision Makers
Number of Employees
5803
Industries
Finance, Financial Services, Fintech
Funding Stage
Post Ipo Equity
Social Media

South Indian Bank - Company Profile

South Indian Bank is a venerable institution with a long and illustrious history, dating back to its establishment in 1929. As one of the earliest banks in South India, it has played a pivotal role in the region's financial landscape. The bank's slogan, "EXPERIENCE NEXT-GEN BANKING," embodies its commitment to innovation and customer-centric services.

With a strong emphasis on service orientation and financial intermediation, South Indian Bank has achieved numerous milestones that set it apart in the industry. From being the first private sector bank in Kerala to become a scheduled bank under the RBI Act to pioneering initiatives such as opening NRI branches and implementing Core Banking System, the bank has consistently been at the forefront of progress.

Having recently received a Post-IPO Equity investment in January 2019 from CX Partners, South Indian Bank has demonstrated its appeal to discerning investors. Operating within the finance, financial services, and fintech industries, the bank continues to be a key player in India's banking sector, with its headquarters situated in the vibrant financial landscape of India.

South Indian Bank's enduring legacy, combined with its adaptability to embrace modern banking practices, positions it as a compelling investment opportunity with potential for sustained growth and continued relevance in the evolving financial ecosystem.

Taxonomy: Banking, Financial services, Private sector bank, Core Banking System, NRI banking, Industrial finance, Branch network, Branch automation, Scheduled bank, Currency chest, Export and import, Service-oriented, Trendsetting, Digital transformation, Business community

Funding Rounds & Investors of South Indian Bank (3)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity Unknown 1 01 Jan 2019
Post-IPO Equity $8.40M 1 20 Mar 2015
Post-IPO Equity $82.30M 2 08 Sep 2012

Latest News of South Indian Bank

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No recent news or press coverage available for South Indian Bank.

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