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Experience Next Generation Banking

Investor Presentation
October - 2016

Safe Harbor
No representation or warranty, express or implied is made as to, and no reliance
should be placed on, the fairness, accuracy, completeness or correctness of such
information or opinions contained herein. The information contained in this
presentation is only current as of its date. Certain statements made in this
presentation may not be based on historical information or facts and may be forward
looking statements, including those relating to the Companys general business plans
and strategy, its future financial condition and growth prospects, and future
developments in its industry and its competitive and regulatory environment. Actual
results may differ materially from these forward-looking statements due to a number
of factors, including future changes or developments in the Companys business, its
competitive environment and political, economic, legal and social conditions in India.
This communication is for general information purpose only, without regard to
specific objectives, financial situations and needs of any particular person. This
presentation does not constitute an offer or invitation to purchase or subscribe for
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relied upon in connection with any contract or commitment whatsoever. The
Company may alter, modify or otherwise change in any manner the content of this
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presentation can not be copied and/or disseminated in any manner.
2

Contents
Q2 FY17 Highlights
Business Strategy
Performance Matrix
Next Generation Bank
An Inflection Point
About Us

Q2 FY17 Highlights

Achieving New Heights

South Indian Bank Achieves New Milestone


One Lakh Crore Business

UPI Integration Ahead of the Curve

Single Application for accessing


different bank accounts
Use of Virtual ID is more secure as no
credential sharing required
No risk of storing customers virtual address
like in Cards

Secured with two Factor


Authentication

SIB M-Pay (UPI Pay) is one of the first Mobile Banking


Applications to be powered with UPI Service
6

Recent Awards
South Indian Bank wins IDRBT Best Bank Award for Electronic Payment

Key Performance Highlights- Q2 FY17


Rs in Crores

Q2 FY17

Q2 FY16

Growth

Net Total
Income

591.1

509.0

16.1%

Deposits
EBIDTA

60,192
17

53,036
41

13.5%
26%

Advances

43,548

39,556

10.1%

CASA

13,698

12,072

13.5%

PAT

110.5

93.0

18.8%

Business Strategy

Our Strategy
Expand
Retail
Business

Strengthen
SME Base

Focus on retail loan products


Efficient branches for faster processing of loans
Continuous training of work force
Invest in Brand Building

Cluster based approach in industry hubs


Sole Banker to SMEs for all banking needs
Dedicated vertical to penetrate SME banking

Improve
CASA

Strategy & Road map in place to increase CASA funds


Centralized processes allowing branches to focus on
garnering low cost funds

Enhance
Asset
Quality

Granulize loan portfolio to spread out risk


Cautious approach on large corporate lending
Special recovery cell for monitoring non performing and
restructured assets

Improve
share of
other
Income

Focus on increasing banking services for SME, Retail & NRI


clients
Enhance treasury capabilities & increase branch strength
Expand PoS & ATM Network

10

Performance in Line with Strategy


Expand Retail Business
(Excl. Gold)

Strengthen SME Base

Improve CASA

Rs. 25,797 Crs

Rs. 10,430 Crs

Rs. 13,698 Crs

INCREASE
19% YoY

INCREASE
19% YoY

INCREASE
13% YoY

Enhance Asset Quality


(Restructured Book)

Improve share of other


Income

Rs. 1,293 Crs

Rs. 146 Crs

DECREASE
44% YoY

INCREASE
21% YoY

11

Shall continue to focus on Core Strengths

01

Increase

02

CASA

Retail Business

More Products

Retail
Relationships

06

Sustainable

Asset Quality

03

SME Business

Sole Banker

SME
Relationships

05

Increase

Fee Income

04

Improve

NIM

12

...Increase Retail & SME Business


01

02

Centralized
Marketing &
Processing
Centre (Kochi)

Retail Hub
Home Loan
Auto Loan
MSME Loan
LAP

03

Cluster
Branches

Loan Processing

Retail Business

Branch Profitability

Enhanced risk management

Penetrate further in the


existing set of Customers

Focus on particular
geographies and open
additional branches

KYC compliance and fraud


prevention tools

Faster Sanctions
Improve Branch Profitability

13

by focus on Housing Loans in Retail


Retail Breakup

Housing: Key Initiatives


Rs Crs

10,093

10,002

1,049

1,063

973

925

10,358
1,094

9,250

9,382

1,008

1,057

858

872

1,801

1,998

1,559

1,501

1,564

1,510

1,535

1,655

1,455

1,371

1,417

1,432

2,521

2,410

Retail hub in Kochi to increase focus on


housing finance

Two more hubs to be set up one in


South India and one in North India

Branch staff being given specific training


to market mortgage loans

Marketing initiative through TVCs

Tailor made products for different


segments

1,094

2,446

July to Sept 2016


2,369

2,614

2,499

2,677

2,756

Housing Loans Sanctioned : 857 Nos.


Amount of Housing Loans Sanctioned 199 Crs

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

Others

Service & Traders

Gold

LAD*

Manufacturing

Housing

*LAD = Loan against deposits

14

becoming a Banker of Choice to SMEs


Loan Book by Geography Q2 FY17

Average SME Loan / Account


Rs Lakhs

15.28

15.26

15.33

15.56

Rest of
India
24%

15.76

Kerala
43%

South (ExKerala)
33%

SME Highlights

Sep-15

Dec-15

Mar-16

Jun-16

Dedicated DGM appointed to ensure focus and


better coordination with regions

Focused Green Channel branches to drive


faster loan growth to SMEs

Target to become banker of choice to SMEs


thereby getting other business as well
liabilities, vehicle finance, etc.

Ongoing training (in-house as well as external)

Sep-16

15

with the help of our Branch Network


Total Branch Network
+5.09%

688

738

FY12

FY13

794

822

834

839

FY14

FY15

FY16

H1 FY17

1,200

1,287

1,306

FY15

FY16

H1 FY17

Total ATM Network


+18.47%
Branch Location*

No of
Branches

Kerala

454

South India (Ex-Kerala)

245

Rest of India

140

Total

839

1,000
663

FY12
*Map for illustration purpose only

800

FY13

FY14

16

and our Experienced Employees


Employee Addition

Total Employees: 6,978*

7,123
75
41
32

6,978

2% 8%
24%

36%

30%

Sep-15

Dec-15

Mar-16

Jun-16

*Employees include full-time officers and clerks.

Sep-16

Closing
< 1 Year

1-2 Years

5-10 Years

> 10 Years

2-5 Years

17

Performance Matrix

18

Strong Deposit Franchise


Core & Non-Core Deposits
Sept-16
49,909

Sept-16
10,283

Sept-16
60,192

12%

19%

14%

44,420
Sept-15

8,615
Sept-15

53,035
Sept-15

Core Deposit

Non-Core Deposit

Total Deposit

Rs Crs

CASA Deposits
Sept-16

Sept-16

Sept-16

2,399

11,299

13,697

11%

14%

14%

2,157
Sept-15

9,915
Sept-15

12,072
Sept-15

Current Deposit

Savings Deposit

Total CASA

Rs Crs

19

Core Deposits Growing...


Breakup of Deposits

CASA Deposit

+13%

Rs Crs

53,036

32,334

55,721

53,441

34,059

33,204

Rs Crs
60,192

57,889

+13%
13,697
2,399

12,072
2,157

9,915

11,299

Sep-15

Sep-16

36,279

35,230

Current

Savings

Term Deposits
10,177

10,476

11,267

2,157

2,130

1,983

2,187

2,399

8,630

7,930

9,203

9,205

10,215

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

9,915

Term

Savings

Current

*Others includes: Bulk, Certificates of Deposits

Others*

Rs Crs

+12%

11,299

32,334

Sep-15

36,279

Sep-16

20

NRI Deposits Growing


NRI Deposits

CASA
Rs Crs

In (%)

+20%
14,303
12,904

Sep-15

15,025

15,476

22.8

13,566

Dec-15

23.2

23.0

22.8

22.4

Mar-16

Jun-16

Sep-16

Sept-15

Dec-15

Mar-16

Jun-16

Sept-16

21

Composition of Loan Book


Corporate Advances (Above Rs 25 Crs)

Segment wise Break Up


Rs Crs

Rs Crs

+2%

16,857

16,584

16,099

15,998

6,442 ,
14.50%

17,198

17,198 ,
38.71%

10,430 ,
23.48%

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

Retail Advances
Rs Crs

+17%
23,358

Sep-15

24,017

Dec-15

25,686

Mar-16

26,026

Jun-16

27,230

1,432 ,
3.22%
8,925 ,
20.09%

Corporate

Retail Ex Gold

SME

Agriculture

Gold

Sep-16

22

Key Focus : Retail, SME & Agriculture


Retail excluding Gold
Rs Crs

+18%

7,595

7,927

Gold ( Average LTV 65%)

8,721 8,585

8,925

Rs Crs
1,655

1,455

1,371

1,417

1,432

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

Agriculture

SME

5,352

5,549

5,770

Rs Crs

Rs Crs

+20%

Retail Loans (Excl.


Gold), Agriculture &
SME has
grown by 19%

+19%

6,194

6,442

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

8,756

9,086

9,823

9,830 10,430

~15% of the
Agriculture & SME
Loans are backed by
Additional Security
by way of GOLD

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

23

Advances growing across Regions


Rs Crs

+10%
44,428
40,215

40,601

41,785

42,024

12,549

12,715

13,556

13,315

13,413
12,289

12,440

13,923

13,187

13,178

14,739

14,983

15,680

15,994

17,092

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

Rest of India

South Ex- Kerala

Kerala

24

Net Interest Income - Quarter


Net Interest Income

Cost of Deposits & Yield on Advances


Rs Crs

In %
Cost Of Deposit

388

407

374

374

11.38

7.53
Sep-15

Dec-15

Yeild on Advances

445

Mar-16

Jun-16

Sep-16

Net Interest Margin

Sept-15

11.21

7.38
Dec-15

10.56

10.89

7.24

6.98

Mar-16

2.63

2.74

2.75
9.28
6.71

Sep-15

Dec-15

Mar-16

Jun-16

Sept-16

In %
Yield on Funds

Cost of Funds

2.92

6.75

Cost of Funds & Yield on Funds


In %

2.81

Jun-16

10.59

Sep-16

Sept-15

9.21
6.55
Dec-15

8.78

8.73

6.38

6.30

Mar-16

Jun-16

8.66
6.18
Sept-16

25

Net Interest Income - Cumulative


Net Interest Income

Cost of Deposits & Yield on Advances


Rs Crs

In %
Yield on Advances

Cost of Deposits

1,510
11.43

1,135

11.18

7.69

374

Dec-15

Mar-16

Jun-16

Sep-16

Net Interest Margin

Sept-15

7.58

Dec-15

7.52

Mar -16

2.76

2.73

2.74

6.89
Mar-16

Jun-16

Sept -16

In %
Yield on Funds

2.75
9.33

Dec-15

6.86

Cost of Funds & Yield on Funds


Cost of Funds

Sep-15

10.73

6.98
Jun -16

In %

2.67

10.89

819

729

Sep-15

11.36

Sep-16

Sept-15

9.29
6.77
Dec-15

9.18

8.73

8.80

6.69

6.30

6.32

Mar -16

Jun -16

Sept-16

26

Improving Operating Efficiency


C/I Ratio

Employee Additions

In %

58.70
56.60

-14
-41

56.62

-32

52.57
51.08

-75

Sept-15

Dec-15

Mar -16

Jun -16

Sept -16

Sept-15

Business per Employee

Dec-15

Mar -16

Jun -16

Business per Branch


Rs Crs

11.7

11.9

12.0

Sep-15

Dec-15

Mar-16

Sept -16

13.0

13.2

Jun-16

Sep-16

Rs Crs

107

108

108

Sep-15

Dec-15

Mar-16

115

117

Jun-16

Sep-16

27

Sustainable Other Income


Sustainable : Transaction Fees + Technology

Total Other Income led by .


Rs Crs

153
121

Sep-15

Dec-15

Rs Crs

173
146

139

Mar-16

Jun-16

60

Sep-16

67

76

79

74

44

52

54

48

39
21

23

23

25

26

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

Transaction Fees

Profit on Sale of Investments, Forex & Others

Technology

Investment Book as on Sept-16

Rs Crs

24

22
15

42
Sep-15
Forex

14

10

13

16

23
50

Dec-15
Other

57
30
Mar-16

Jun-16

51

Sep-16

Details

Rs. Crs

M Duration

HTM

12,710

5.46

AFS

3,229

4.36

HFT

Total

15,948

5.27

Profit on Sale of Investments

28

Break Up of Provisions
Rs Crs

Q2-FY 17

Q2-FY 16

Q1-FY17

For NPA & NPI

166.4

89.13

93.09

For Depreciation on Investments

-24.8

-3.23

-5.36

For Standard Assets

-4.8

16.3

22.18

For Restructured Advances/Sacrifices & FITL

-12.1

-37.89

4.05

For Unhedged Forex Exposure

3.8

-2.05

0.31

Others

-0.1

5.21

-0.16

Taxes

58.5

52.18

50.31

186.82

119.65

164.42

Total Provisions

29

Non Performing Assets


Gross NPA
3.77%

Net NPA
3.96%

3.96%

2.75%

2.77%

Mar-16

Jun-16

Sept-16

1.39%

Dec-15

Mar-16

Jun-16

Sept-16

Sept-15

Gross NPA Movement


Rs Crs

2.89%

1.80%

2.24%

Sept-15

2.89%

Dec-15

Net NPA Movement

Sep-15 Dec-15 Mar-16 Jun-16 Sept-16

Rs Crs

Sep-15 Dec-15 Mar-16 Jun-16 Sept -16

Opening

714

892

1,108

1,562

1,651

Opening

464

550

716

1,185

1,192

Additions

222

367

845

125

226

Additions

89

311

664

105

135

Deductions

44

151

391

36

132

Deductions

145

195

98

121

Closing

892

1,108

1,562

1,651

1,745

550

716

1,185

1,192

1,206

Closing

30

Restructured Advances Breakup


Restructured Assets Break-up

Sector Standard Restructure Q2FY17

Rs Crs
2,313
313

2,236
306

UDAY Scheme
to Benefit
1,392
443

2,000

1,387

1,293

442

Governments
Uday Scheme
targeted towards
power Discoms
benefiting SIB

15%
31%

532

1,930

949

945

Sep-15 Dec-15 Mar-16 Jun-16


Restructured NPA

761

Sep-16

54%

Benefits of Uday
getting reflected
in Restructured
Book

Power Discoms
Construction EPC
Others

Restructured Standard Advance


*Other includes IT, Bullion, etc.

31

Restructured Standard Asset Book


Rs Crs

Restructured Standard Advance

Opening

Fresh
Addition

Increase in
Existing
Balance

Uday SDL
Investments

Decrease in
Balance

Slippages to
NPA

Closing
Balance

DISCOMS

169

-51

-5

113

Construction
EPC

402

411

Others

373

17

-153

273

Total

944

26

-51

-5

-153

761

32

Movement in Restructured Accounts


Movement in Restructured Accounts
Rs Crs
0

30

Shift of focus from


Large Corporate
to
SMEs

122

Defocusing from
Power & Infra Sectors

1,387

1,293

Opening

Fresh
Additions

Inc. in Upgradation Dec. in


Balance in Standard Balance
Category

Closure
incl
write-off

Closing

Special Recovery Cell


&
Asset Monitoring Cell

33

Adequate Provisioning
NPA Provisioning
Rs Crs

Provisioning
84.4

Coverage Ratio
516.6

163.6

46.12%

437.3

Advances in the Initial


quarters as NPAs :
Requiring
Less Provisioning
Opening

Additions

Deductions

Closing

34

Fresh Slippages/Advance Ratios


Retail Slippage

Agriculture Slippage

0.86%
0.55%
0.35%
0.12%

0.15%

Sept-15

Dec-15

0.23%

0.23%

0.38%

0.34%

Jun-16

Sept-16

0.02%
Mar-16

Jun-16

Sept-16

Sept-15

SME Slippage
0.61%

Dec-15

Mar-16

Corporate Slippage
0.55%

0.44%

4.42%

0.51%

0.27%

1.80%
0.95%

0.64%
0.00%

Sept-15

Dec-15

Mar-16

Jun-16

Sept-16

Sept-15

Dec-15

Mar-16

Jun-16

Sept-16

35

Well Capitalized to support Growth


BASEL III
In %
11.9

11.7

11.8

11.7
11.1

2.0

1.8

2.3

2.3

9.6

9.4

9.8

9.9

9.5

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

1.7

36

Balance Sheet Overview- Q2 FY17


Rs Crs

Q2-FY 17

Q2-FY 16

Y-o-Y (%)

Q1-FY 17

Q-o-Q (%)

67,054

60,127

11.52%

64,504

3.95%

135

135

0.05%

135

0.02%

Reserves and Surplus

4,027

3,613

11.45%

3,916

2.84%

Deposits

60,192

53,036

13.49%

57,889

3.98%

Borrowings

1,499

2,171

-30.95%

1,395

7.46%

Other Liabilities & Provisions

1,201

1,172

2.48%

1,169

2.74%

Assets

67,054

60,127

11.52%

64,504

3.95%

Cash & Balances with RBI

2,832

2,365

19.75%

2,602

8.87%

404

667

-39.36%

827

-51.09%

Investments

15,777

13,174

19.76%

15,386

2.54%

Advances

43,548

39,556

10.09%

41,237

5.60%

Fixed Assets

598

481

24.34%

594

0.66%

Other Assets

3,894

3,884

0.26%

3,858

0.93%

103,740

92,592

12.04%

99,127

4.65%

Current Accounts

2,399

2,157

11.20%

2,187

9.68%

Savings Accounts

11,299

9,915

13.96%

11,267

0.29%

CASA Ratio

22.76%

22.76%

0bps

23.24%

88 bps

Capital & Liabilities


Capital

Balances with Banks

Business (Advances + Deposits)

37

Profit & Loss Overview- Q2 FY17


Rs Crs

Q2-FY17

Q2-FY16

Y-o-Y (%)

Q1-FY17

Q-o-Q (%)

Net Interest Income

445

388

14.74%

374

19.15%

Other Income

146

121

20.58%

173

-15.88%

Total Income

591

509

16.13%

547

8.05%

Operating Expenses

294

297

-1.10%

288

2.14%

Operating Profit

297

213

39.60%

259

14.59%

Provisions (Ex-Tax) &


Contingencies

128

67

91.54%

114

12.46%

Profit Before Tax

169

145

16.56%

145

16.26%

Provision for Tax

58

52

12.48%

50

16.26%

Profit After Tax

111

93

18.84%

95

16.26%
38

Key Metrics- Quarterly


Q1

FY15
Q2
Q3

Q1

FY16
Q2
Q3

Q4

Q4

Net Interest Margin (NIM)

2.7%

2.9%

2.5%

2.7%

2.5%

2.8%

2.9%

2.6%

CRAR Basel III

12.2%

12.1%

11.4%

12.1%

11.4%

11.9%

11.7%

11.8% 11.68% 11.13%

RoAA (Annualized)

0.5%

0.6%

0.6%

0.1%

0.5%

0.6%

0.7%

0.5%

Provision Coverage

62.5%

62.9%

60.4%

61.0%

56.1%

55.3%

50.3%

40.3% 42.55% 46.12%

CASA

22.1%

22.1%

21.5%

20.6%

22.3%

22.8%

23.0%

22.4% 23.24% 22.76%

Gross NPA

1.5%

1.6%

1.8%

1.7%

1.9%

2.2%

2.8%

3.8%

3.96%

3.96%

Net NPA

0.9%

0.9%

1.0%

1.0%

1.2%

1.4%

1.8%

2.9%

2.89%

2.77%

Book Value per Share (Rs.)


Earnings per Share (Rs.)
(Annualized)
Branches

25.88

26.47

27.10

26.59

27.07

27.76

28.51

28.45

30.00

30.81

3.78

3.01

2.87

2.28

1.93

2.34

2.56

2.47

2.82

3.04

- Kerala

439

440

441

444

447

447

447

449

453

454

- South India (Ex-Kerala)

230

232

233

239

242

244

244

245

245

245

- Rest of India

132

133

136

139

139

140

140

140

140

140

Total Branches

801

805

810

822

828

831

831

834

838

839

- Kerala

565

587

607

651

670

682

688

698

701

713

- South India (Ex-Kerala)

297

313

325

365

378

380

384

387

388

391

- Rest of India

156

163

176

184

196

198

200

202

202

202

1,018

1,063

1,108

1,200

1,244

1,260

1,272

1,287

1,291

1,306

Particulars

FY17
Q1
Q2
2.74%
0.6%

2.75%
0.7%

ATMs

Total ATMs

39

Next Generation Bank

40

Present across Customer Touch Points


Traditional & Alternate Channels
Mobile Banking

ATMs

Mobile Banking

Branches
1,306 ATMs across India

Internet Banking

839 Branches & 45 Extension Counters

Point of Sale

41

Technology Initiatives
SIB Mirror is a mobile-led platform with instant account
access, balance retrieval, immediate fund transfers, all
account intimations, and much more

SIB-er Net is a suite of comprehensive internet banking


services positioning SIB as a technology-driven bank
offering superior services to retail customers

Retail branches now interconnected with single-window


service and providing real-time online, real-time
transactions to customers

SIB offers Visa, MasterCard, and RuPay debit cards with


online access to users for secure domestic and
international transactions

Centralized Processing Center allows enhanced risk


management and customer creation with complete KYC
compliance and fraud prevention tools

42

Personal Banking: Technology Banking


Active Internet Users

Internet Transaction Volume

(000)s

Internet Transaction Value

(000)s

Rs Crs

1,254
162
133

141

134

Dec-15

Mar-16

Jun-16

2,385 2,515 2,551

157

1,887
536

Sep-15

591

611

663

Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

Mobile Transaction Volume


(000)s

3,054

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16

Mobile Transaction Value


Rs Crs

+109%

+235%

913
670
437

Sep-15

350

748
233

507

Dec-15

170

Mar-16

Jun-16

Sep-16

104

124

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

43

Personal Banking: Debit Cards


No of Active Debit Cards

Debit Card Transaction Volumes

In Millions

In Millions

2.8

3.0

Sep-15

Dec-15

3.4

3.3

Mar-16

Jun-16

29.2

28.9

30.4

30.8

31.4

Sep-15

Dec-15

Mar-16

Jun-16

Sep-16

3.2

Sep-16

Debit Card Transaction Value


+17%

Rs Crs
5,047

5,164

5,375

Sep-15

Dec-15

Mar-16

5,777

5,929

Jun-16

Sep-16

44

An Inflection Point

45

Moving Towards Vision 2020

Appointed
International
Finance
Corporation

Entered
Memorandum
of Understanding
with
NSIC

Opened
Centralized
Marketing &
Processing
Centre

Provides advisory
support to bank on the
medium and long term
strategy for significant
growth in retail,
agriculture and SME
sectors

Facilitates loans to
MSE and promotes
the MSME credit
portfolio of the Bank

Houses the Banks


Marketing Dept, Retail
Loan Hub and
Transaction Banking
Dept

....to become Retail Banking Power House


46

About Us

47

Milestones
FIRST among the private
sector banks in Kerala to
become a scheduled bank in
1946 under the RBI Act

FIRST private sector bank to


open a NRI branch in
November 1992

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

FIRST bank in the private


sector in India to open a
Currency Chest on behalf of
the RBI in April 1992

FIRST bank in the private sector


to start Industrial Finance
Branch in March 1993

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
48

Expansion over a Decade


Branch Network

ATM Network

~2X

~9x
834

1,287

449

698

245

387

440

263

144

121
66
38

140
56

FY06

FY16
Kerala

40

FY06
South Ex-Kerala

202

FY16

Others (Rest of India)

49

Performance over a Decade


Net Interest Income

Profit After Tax


Rs Crs

CAGR : 17%

Rs Crs

CAGR : 21%

1,510

333

310

51

FY06

FY16

FY06

Business (Advances + Deposits)


CAGR : 20%

Gross NPA

Rs Crs

96,806

FY16

122bps

In %

4.99
3.77

15,949
FY06

FY16

FY06

FY16

50

Leadership Team
Mr. V. G Mathew , MD & CEO

Post Graduate in Physics and CAIIB with over 37 years of experience

Joined SIB in January, 2014 as Executive Vice President and appointed as MD & CEO in October, 2014

Significant experience in Retail & Corporate Credit, Technology and Risk Management

Joined SBI as a probationary officer in the Ahmadabad Circle in 1978 and was Chief General Manager before joining SIB

The major assignments handled by Mr. Mathew in SBI are

Dy. General Manager (IT Networking Project)

Dy. General Manager and Branch Head, (Overseas Branch, Bangalore)

General Manager, (Corporate Accounts Group-Mumbai Branch)

Chief General Manager (Risk Management)

Chief General Manager (Corporate Accounts Group)

He has served on various committees at Corporate Center of SBI such as Wholesale Banking Credit Committee,
Investment Committee, Corporate Centre Credit Committee and was a Director on the Board of SBI Macquarie
Infrastructure Trustee (P) Limited

51

Leadership Team
Mr. Thomas Joseph K, EVP (Administration)

Bachelors Degree in Engineering and Diploma in Management & CAIIB

He is associated with SIB since 1984 and heads Departments such as Risk Management, Technology, Marketing,
Corporate Financial Management, Human Resource and Inspection & Vigilance
He was Head of Credit handling a portfolio of Rs.40,000 crores and was instrumental in the execution of the Retail
Strategy of the Bank which saw significant growth in the MSME & Agriculture Sectors

Mr. G Sivakumar, EVP (Credit)

Postgraduate in Chemistry and holds Masters Degree in Business Administration & CAIIB
He heads Credit and Legal Departments
He has over 35 Years of Experience in Domestic and International Banking in India and Abroad
Before joining SIB, he was the General Manager and Head of Private Equity Vertical in State Bank of India where he was
responsible for Private Equity and Venture Capital Investments made by the Bank
He was also a nominee director on the Board of Directors of four companies and Investment Committee of more than
ten Alternative Investment Funds

Mr. K N Reghunathan, EVP (Treasury)

Commerce Graduate & CAIIB

He is responsible for Treasury Operations of the Bank along with International Banking Division

Before joining SIB, he was associated with Union Bank of India and was General Manager of Treasury and International
Banking Division.

He was the Banks nominee on the Board of FIMMDA and SBI Global Factors and Member of the Advisory Committee
of Metropolitan Stock Exchange of India, IDFC Investment Fund, TATA Growth Fund, TATA Innovative Fund, India
Advantage Fund I & II

52

Management Team
Mr. John Thomas, General Manager

Mr. Benoy Varghese, General Manager

(Business Development Department)

(Credit Department)

Bachelors Degree in Science, MBA and CAIIB

Bachelors Degree in Arts & Masters Degree in Business


Administration and CAIIB

Mr. Raphael T.J., General Manager

Mr. Murali N A., General Manager

(Marketing & Information Technology)

(Mumbai Regional Office)

Bachelors Degree in Commerce, Masters in EXIM,


Diploma in Financial Management and CAIIB

Masters Degree in Commerce and JAIIB

Mr. Paul V.L., General Manager

Mr. Anto George T., General Manager

(Administration)

(Delhi Regional Office)

Masters Degree in Arts and Post Graduate Diploma in


Personnel Management & JAIIB

Bachelors Degree in Arts & Post Graduate Diploma in


Computer Application, Certification in RDBMS & Oracle
8i and JAIIB

Mr. Bobby James , General Manager


(Inspection & Vigilance)

Bachelors Degree in Commerce, C.A. (Inter) and JAIIB

53

Management Team
Mr. C.P. Gireesh, Chief Financial Officer
Bachelors Degree in Mathematics
Fellow member of the Institute of Chartered Accountants of India and Certified Associate of the Indian Institute of
Banking & Finance

Mr. Jacob EA, Chief Compliance Officer

Bachelors Degree in Science & CAIIB - I

Mr. Jimmy Mathew, Company Secretary

Bachelors Degree in Commerce, Associate Member of


Institute of Company Secretary of India and Institute of
Cost & Management Accountants of India. Also a
Certified Associate of the Indian Institute of Banking &
Finance

54

Awards & Recognition


SIB wins Social Banking Excellence Award instituted by ASSOCHAM

SIB wins prize in IDRBT Banking Application


Contest

SIB wins Master Card Innovation Award

55

For further information, please contact:


Company

Investor Relations Advisors

The South Indian Bank Ltd.


CIN L65191KL1929PLC001017
Mr. C. P. Gireesh, CFO
cpgireesh@sib.co.in

Strategic Growth Advisors Pvt. Ltd.


CIN - U74140MH2010PTC204285
Ms. Payal Dave / Mr. Shogun Jain
dpayal@sgapl.net / jshogun@sgapl.net
+91 98199 16314 / +91 77383 77756
www.sgapl.net

www.southindianbank.com

56