The South Indian Bank Rights Issue Details 2024

south Indian Bank Limited was founded in January 1929. As one of the first banks in South India, the "South Indian Bank" came into being during the Swadeshi movement. The establishment of the bank fulfilled the dreams of a group of enterprising men who came together in Thrissur, a large city (now known as the cultural capital of Kerala) in the erstwhile state of Cochin, to provide the people with a safe, efficient and service-oriented depository for the savings of the community and to liberate the business community from the clutches of greedy moneylenders by providing need-based credit at reasonable interest rates.

By translating the vision of the founding fathers into a corporate mission, the bank was able to distinguish itself during its long existence as a dynamic, fast-growing, service-oriented and forward-looking financial intermediary.

With a new logo and a new image, South Indian Bank marches on. With branches across India and a client base across the globe, the bank is recognized as one of the most proactive banks in India with a competent, tech-savvy team of professionals at the core of its services.