South Indian Bank Enters Its 97th Year, Eyes Centenary Milestone

Pan India, Jan 28: South Indian Bank marks its 97th Foundation Day on 29th of January, a milestone that reflects nearly a century of trusted banking rooted in strong values and progressive innovation. As the Bank moves closer to its centenary, this year’s Foundation Day is especially significant, coming on the back of its strongest financial performance to date. Founded in Thrissur in 1929, South Indian Bank has grown into a pan-India institution, today serving over 8.2 million customers through a network of 948 branches nationwide.

V J Kurian, Chairman, South Indian Bank, issued a bold statement on the Bank’s trajectory: “South Indian Bank’s 97-year journey has been shaped by a long-term vision, a disciplined way of working, and the steadfast trust of our customers. Our belief in valuing relationships has played a central role in delivering strong and consistent financial performance. As we stand on the threshold of our centenary, our focus remains on delivering sustainable value for both our customers and shareholders.”

South Indian Bank’s progress towards its centenary is underpinned by robust financial performance. For the third quarter of the 2025–26 financial year, the Bank reported a record net profit of ₹374.32 crore, marking a 9% increase over ₹341.87 crore in the corresponding period last year. This performance is mirrored in the cumulative results for the first nine months of the fiscal year, with total profits rising to ₹1,047.64 crore. A steady 10% growth in pre-provisioning operating profit further reinforces the Bank’s financial strength and stability.

Echoing this sentiment, P R Seshadri, Managing Director and CEO of South Indian Bank, remarked, “As South Indian Bank completes 97 years, our journey stands as a reflection of the enduring trust of our customers and the unwavering commitment of our employees. Together, they have shaped a resilient institution, one that has adapted to change, remained grounded in its values, and continued to move forward with purpose. As we look ahead, this collective strength will continue to guide our path.”