SouthIndianBank-SIB Question Papers - SouthIndianBank-SIB Interview Questions and Answers updated on Mar 2024

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One of the earliest banks in South India, "South Indian Bank" came into being during the Swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala),in the erstwhile State of Cochin to provide for the people a safe, efficient and service oriented repository of savings of the community on one hand and to free the business community from the clutches of greedy money lenders on the other by providing need based credit at reasonable rates of interest.

Translating the vision of the founding fathers as its corporate mission, the bank has during its long sojourn been able to project itself as a vibrant, fast growing, service oriented and trend setting financial intermediary.

Milestones

The FIRST among the private sector banks in Kerala to become a scheduled bank in 1946 under the RBI Act.
The FIRST bank in the private sector in India to open a Currency Chest on behalf of the RBI in April 1992.
The FIRST private sector bank to open a NRI branch in November 1992. 
The FIRST bank in the private sector to start an Industrial Finance Branch in March 1993.
The FIRST among the private sector banks in Kerala to open an "Overseas Branch" to cater exclusively to the export and import business in June 1993.
The FIRST bank in Kerala to develop an in-house, a fully integrated branch automation software in addition to the in-house partial automation solution operational since 1992.
The FIRST Kerala based bank to implement Core Banking System.
The THIRD largest branch network among Private Sector banks, in India, with all its branches under Core banking System.

Future Perfect
The South Indian Bank with a new logo and image, marches on. With branches all over India and a clientele across the world, the bank is considered one of the most pro active banks in India with a competent tech savvy team of professional at the core of services. 

Vision
To emerge as the most preferred bank in the country in terms of brand, values, principles with core competence in fostering customer aspirations, to build high quality assets leveraging on the strong and vibrant technology platform in pursuit of excellence and customer delight and to become a major contributor to the stable economic growth of the nation.

Mission
To provide a secure, agile, dynamic and conducive banking environment to customers with commitment to values and unshaken confidence, deploying the best technology, standards, processes and procedures where customer convenience is of significant importance and to increase the stakeholders’ value.

Awards & Recognition
South Indian Bank bags two prestigious D&B Bank Awards 
South Indian Bank received two Awards for asset quality and priority sector lending in the Dun &Bradstreet Banking awards 2010-11.South Indian Bank is the only old generation private sector bank in India to win this prestigious accolade. This is the second time the award has been received by the bank for Asset Quality.


Awards & Recognition

South Indian Bank bags two prestigious D&B Bank Awards


South Indian Bank received two Awards for asset quality and priority sector lending in the Dun &Bradstreet Banking awards 2010-11.South Indian Bank is the only old generation private sector bank in India to win this prestigious accolade. This is the second time the award has been received by the bank for Asset Quality.

South Indian Bank Bags Technology Excellence Award 2010 from IDRBT
South Indian Bank has won the Technology Excellence Award 2010 from IDRBT (Institute for Development and Research in Banking Technology) - the technical arm of the Reserve Bank of India.

South Indian Bank Bagged The Best Website Award from KMA
South Indian Bank has bagged the best web site award from Kerala Management Association. On 4th February 2011,

Official Website:
http://www.southindianbank.com

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