Banks / South Indian Bank
Banks / South Indian Bank
Managing Director & CEO, South Indian Bank — in office since 1 October 2023, succeeding Murali Ramakrishnan. Seshadri brings close to 25 years of domestic and international banking experience, having earlier headed Karur Vysya Bank as MD & CEO and held senior leadership roles at Citigroup and CIBIL. The Board has accepted his request not to seek reappointment after his current term, which runs until 30 September 2026; a successor search is underway.
Like most private sector banks, South Indian Bank's top executive holds the standard title MD & CEO, appointed by the Board and approved by the Reserve Bank of India for a fixed tenure (typically three years, renewable subject to RBI approval).
| Name | Tenure | Notable Period |
|---|---|---|
| Murali Ramakrishnan | Oct 2020 – Sep 2023 | Joined from ICICI Bank; steered the bank through the COVID-19 period and an asset-quality clean-up before stepping down early for personal reasons |
| V.G. Mathew | Oct 2014 – Sep 2020 | Six-year tenure; grew the bank's total credit portfolio from around ₹36,000 Cr to ₹65,000 Cr |
| ~Dr. V.A. Joseph | ~2006 – 2014 (approx.) | Long-serving MD & CEO who oversaw core banking migration and branch expansion — exact dates unverified, marked approximate |
24×7 balance, transactions, card blocking, service requests
Retail Domestic Term Deposit rates below are fetched live from South Indian Bank's official rates page where possible. If the live fetch is unavailable, the last published rates are shown instead.
| Metric | FY 2025-26 (Mar 2026) | FY 2024-25 (Mar 2025) | FY 2023-24 (Mar 2024) | FY 2022-23 (Mar 2023) |
|---|---|---|---|---|
| Net Profit (Full Year) | ₹1,455 Cr | ₹1,303 Cr | ₹1,070 Cr | ₹775 Cr |
| Total Deposits | ₹1,23,346 Cr | ₹1,07,526 Cr | ~₹1,01,920 Cr | ~₹89,000 Cr |
| Total Advances | ₹1,00,274 Cr | ₹87,579 Cr | ~₹78,060 Cr | ₹69,800 Cr |
| Gross NPA Ratio | 1.43% | 3.20% | 4.50% | 5.14% |
| Net NPA Ratio | 0.29% | 0.92% | 1.46% | 1.86% |
| CRAR (Capital Adequacy) | 19.66% | 19.31% | ~18.50% | 17.25% |