investor presentation may - 2019 · investor presentation may - 2019. 2 ... 5-10 years > 10...

Investor PresentationMay - 2019

2

Safe Harbor

No representation or warranty, express or implied is made as to, and no relianceshould be placed on, the fairness, accuracy, completeness or correctness of suchinformation or opinions contained herein. The information contained in thispresentation is only current as of its date. Certain statements made in thispresentation may not be based on historical information or facts and may be “forwardlooking statements”, including those relating to the Company’s general business plansand strategy, its future financial condition and growth prospects, and futuredevelopments in its industry and its competitive and regulatory environment. Actualresults may differ materially from these forward-looking statements due to a numberof factors, including future changes or developments in the Company’s business, itscompetitive environment and political, economic, legal and social conditions in India.This communication is for general information purpose only, without regard tospecific objectives, financial situations and needs of any particular person. Thispresentation does not constitute an offer or invitation to purchase or subscribe forany shares in the Company and neither any part of it shall form the basis of or berelied upon in connection with any contract or commitment whatsoever. TheCompany may alter, modify or otherwise change in any manner the content of thispresentation, without obligation to notify any person of such revision or changes. Thispresentation can not be copied and/or disseminated in any manner.

3

Contents

About Us

Q4 FY19 Highlights

Performance Matrix

Next Generation Bank

Business Strategy

4

Q4 FY19 Highlights

5

Key Quarterly Highlights- Q4 FY19

15.5%12%

Deposits

80,420

72,030

Q4 FY19

Q4 FY18

Advances

63,636

55,109

Q4 FY19

Q4 FY18

CASA

19,467

17,142

Q4 FY19

Q4 FY18

14%

Rs Cr

PPOP

328

311

Q4 FY19

Q4 FY18

5%

Net Interest Income

Q4 FY19

Q4 FY18

499

492

1%

Q4 FY19

Q4 FY18

Other Income

236

179

32%

6

Business Strategy

7

Our Strategy…• Retail Banking Department to focus on retail loan & liability/investment

products

• Efficient branches & processing centers for faster processing of loans

• Outbound Sales team

• Continuous training of work force

• Advanced technology for ease of customers

• Invest in Brand Building

Expand Retail Business

• Cluster based approach in industry hubs

• Sole Banker to SMEs for all banking needs

• Dedicated vertical to penetrate SME banking

Strengthen SME Base

• Strategy & Road map in place to increase CASA funds

• Alternate channels for mobilising CASA

• Centralized processes allowing branches to focus on garnering low cost funds

• Continuous improvement/review of products

Improve CASA

• Granulize loan portfolio to spread out risk

• Cautious approach on large corporate lending

• Special cell for monitoring non performing and restructured assets

Enhance Asset Quality

• Focus on increasing banking services for SME, Retail, NRI

• Enhance treasury capabilities & increase branch strength

• Expand POS/ATM Network and all digital channels

• Leveraging technology to introduce modern & new-age banking products

• Focus on 3rd Party/Investment products to generate more other income

Improve share of other

Income

8

…Performance in Line with Strategy

INCREASE33.9% YoY

Strengthen Retail base

Rs. 18,458 Cr

Expand Agriculture & SME Base

Rs. 23,742 Cr

Improve CASA

Rs. 19,467 Cr

INCREASE13.7% YoY

INCREASE13.6% YoY

https://www.google.co.in/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCLqig8bN58cCFY2PjgodFkwGSw&url=https://en.wikipedia.org/wiki/South_Indian_Bank&psig=AFQjCNEZ3rFfSObScgeGF5zFrC3KE6b3rA&ust=1441807454961726

9

Shall continue to focus on Core Strengths

01 Increase …

CASA

02 Retail Business …

More Products

03 SME Business …

Sole Banker

04 Improve

NIM

05 Increase…

Fee Income

06 Sustainable…

Asset Quality

RetailRelationships

SMERelationships



10

...Increase Retail & SME Business

• Entire Loan underwriting centralised

• Enhanced risk management• KYC compliance and fraud

prevention tools

Loan Processing

• Penetrate further in the existing set of Customers

• Faster Sanctions

Retail Business

• Focus on particular geographies and open additional branches

• Improve Branch Profitability

Branch Profitability

Centralized Marketing & Processing

Centre (Kochi)

01 02 03

Retail Hub

• Home Loan• Auto Loan• MSME Loan• LAP

Cluster Branches

• 17 Clusters• Specific Cluster

for Forex


11

…by focus on Housing Loans in Retail

3,571 3,793 4,049 4,318 4,633

1,357 1,440 1,4941,840

2,2162,4462,809 2,993

2,9032,993

3,8264,394

4,6604,816

4,6601,045

1,0961,159

1,2001,289

1,543

1,6681,706

1,780

2,667

Dec-18Sep-18Jun-18Mar-18

18,458

Mar-19

13,787

15,20016,061

16,857

+34%

Retail Breakup

Others Service & Traders Gold

ManufacturingLAD* Housing

Housing: Key Initiatives

• Retail hub in Kochi to increase focus on housing finance

• Dedicated Officers for marketing Retail Loans

• Marketing initiative through TVCs

• Tailor made products for different segments

January to March 2019

• Mortgage Loans Sanctioned : 3,428 Nos.

• Amount of Mortgage Loans Sanctioned: Rs. 1,346 Cr

Rs Cr

*LAD = Loan against deposits


12

…becoming a Banker of Choice to SMEs

SME Loan Book by Geography – Q4 FY19

• Dedicated executive 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• Ongoing training (in-house as well as external)• Entire SME loan processing centralized at Kochi at two centers- Special focus on applications up to Rs. 2.00 Cr

and standardized, uniform risk based approach on Rs. 2.00 Cr to Rs. 25.00 Cr.• Underwriting of loans through customized software called LOS (Loan Origination System ) to ensure speedy,

paperless processing with capabilities to integrate with external sources like Finacle, CIBIL, Rating Agencies etcfor seamless flow of data.

• Regional Offices freed from processing of loan applications so as to focus on new customer acquisition and marketing

SME Highlights

Average SME Loan / Account

26.5029.30 30.30 31.33

37.98

Dec-18Mar-18 Jun-18 Mar-19Sep-18

Rs. Lakh

Kerala44%

South (Ex-Kerala)

32%

Rest of India24%

13

…with the help of our Branch Network

Branch Location*No of

Branches

Kerala 474

South India (Ex-Kerala) 253

Rest of India 143

Total 870

Total Branch Network

Total ATM Network

794 822 834 850 854 870

FY19FY18FY17FY14 FY15 FY16

+1.8%

1,0001,200 1,287 1,320 1,382 1,406

FY17FY16 FY19FY14 FY18FY15

+7.1%

*Map for illustration purpose only

14

… and our Experienced Employees

Total Employees: 7,822*

12%

7%

17%

38%

26%

< 1 Year 1-2 Years 2-5 Years

5-10 Years > 10 Years

Employee Addition

7,287

7,822

33299

137 33

Mar-18 Dec-18Sep-18Jun-18 Mar-19 Closing

*Full-time officers and clerks.

15

Performance Matrix

16

Strong Deposit Franchise

Core & Non-Core Deposits

CASA Deposits

11.7%

Core Deposit Non-Core Deposit Total Deposit

Mar-19 Mar-19

Mar-18 Mar-1857,712

64,478

72,030

80,420

11.7%

Current Deposit Savings Deposit Total CASA

Dec-18 Mar-19 Mar-19

Mar-18 Mar-18 Mar-18

3,058 14,084

16,135

17,142

19,467

14.6% 13.6%

3,332

Rs Cr

Rs Cr

11.4%

Mar-19

Mar-1814,317

15,942

9.0%

17

Core Deposits Growing...

Breakup of Deposits

14,480 13,044 14,025 15,334 15,942

3,485

14,084 14,937 15,35715,420 16,135

40,408 41,56142,498

43,42645,011

Dec-18Sep-18

2,9463,058

Mar-18 Jun-18

3,031

Mar-19

72,48872,03074,911

77,66580,420

3,332

+12%

Others*Term Savings Current

CASA Deposit

14,084 16,135

3,0583,332

Mar-18

17,142

Mar-19

19,467

+14%

Term Deposits

40,40845,011

Mar-18 Mar-19

+11%

Rs Cr Rs Cr

Current Savings

Rs Cr

*Others includes: Bulk, Certificates of Deposits

18

NRI Deposits Growing…

23.8 24.7 24.6 24.3 24.2

Mar-18 Jun-18 Sept-18 Dec-18 Mar-19

CASA NRI Deposits

18,85519,631

20,42520,981 21,436

Mar-18 Jun-18 Sep-18 Mar-19Dec-18

+14%

In (%)Rs Cr

19

Break Up of Non Resident Deposits

Deposit Type (Rs Cr) Q4-FY 18 Q1-FY 19 Q2-FY 19 Q3-FY 19 Q4-FY 19

NRE SB 3,335 3,628 3,741 3,768 3,660

NRO SB 618 623 657 712 737

FCNR (B), RFC & Others 1,634 1,638 1,652 1,697 1,859

Low Cost NRI Deposit (Sub Total)

5,587 5,889 6,050 6,177 6,257

NRE Term Deposit 12,704 13,180 13,789 14,199 14,533

NRO Term Deposit 564 562 586 605 647

Total NRI Deposit 18,855 19,631 20,425 20,981 21,436

20

Composition of Loan Book

34,671 36,188 37,264 38,95342,200

Mar-18 Jun-18 Sep-18 Dec-18 Mar-19

+22%

Corporate Advances (Above Rs 25 Cr)

Rs Cr

20,438 19,976 20,149 21,111 21,436


+5%

Retail Advances

Rs Cr

Segment wise Break Up of Total Loan BookRs Cr

21,436 ,33.69%

16,242 , 25.52%

2,216 , 3.48%

15,069 , 23.68%

8,673 , 13.63%

Corporate

Retail Ex Gold

Gold

SME

Agriculture


21

Composition of Loan Book

Break up of Loan book

Advances (Rs. Cr)


Number Value Number Value Number Value Number Value Number Value

Less than 5 Cr 7,15,160 21,816 7,15,520 22,529 7,17,750 23,331 723,279 25,576 738,786 27,802

5 - 25 Cr 3,753 10,147 3,798 10,564 3,898 10,892 4,071 11,321 4,244 12,667

25 – 100 Cr 1,038 10,539 987 10,455 982 10,449 992 10,790 875 11,040

More than 100 Cr 387 12,607 381 12,616 389 12,741 381 12,377 314 12,127

Total Advances 7,20,338 55,109 7,20,686 56,164 7,23,019 57,413 728,723 60,064 744,219 63,636


22

Rating Profile of Corporate Loan Book

Standard Advances above Rs. 100 Cr

Rs Cr

Sep-18Jun-18

16.9%

24.7%

30.1%

3.7%

21.7%

32.1%

Mar-19

24.6%

26.2%22.7%

Mar-18

19.3%

21.1%

5.0%

25.8%

21.1%

15.2%22.2%

9.3%

25.4%

31.4%

13.8%

3.2%

Dec-18

8.8%

20.9%

37.4%

17.7%

AAA <BBBAA A BBB

Standard Advances above Rs. 25 Cr

22.9%24.6%

0.0%

28.9%

Mar-18

21.8%

27.1%

26.4%

28.2%

26.7%

27.2%

27.5%

0.0%

27.0%

18.3% 17.3%

Jun-18

25.4%

2.0%

20.8%

Sep-18

2.1%

32.1%

24.1%

24.4%

Dec-18

0.6%

26.7%

17.8%

Mar-19

SIB ASIB AAA SIB BBBSIB AA SIB <BBB

Rs CrExternal Rating SIB Internal Rating


23

Key Focus : Retail, SME & Agriculture

Retail excluding Gold Retail Gold ( Average LTV – 65%)

SME (Incl. SME Gold)Agriculture (Incl. Agri Gold)

12,43013,760 14,567 15,017

16,242

Mar-19Mar-18 Jun-18 Sep-18 Dec-18

+31%

1,357 1,440 1,4941,840

2,216

Jun-18Mar-18 Sep-18 Dec-18 Mar-19

+63%

12,965 13,137 13,316 14,02715,069

Jun-18Mar-18 Mar-19Sep-18 Dec-18

+16%

7,919 7,851 7,887 8,0688,673

Jun-18Mar-18 Mar-19Sep-18 Dec-18

+10%

~16.81% of the Agriculture & SME

Loans are backed byAdditional Security

by way of GOLD

Retail Loans (Excl. Gold), Agriculture &

SME has grown by 20% (Y-o-Y)

Rs Cr

Rs Cr

Rs Cr

Rs Cr

24

Advances growing Across Regions

22,502 22,747 23,368 24,208 25,737

16,624 16,771 16,99617,924

19,325

15,983 16,646 17,04917,932

18,574

60,064

Dec-18Mar-18 Jun-18 Sep-18 Mar-19

55,109 56,164 57,413

63,636

+15%

KeralaRest of India South Ex- Kerala

Rs Cr

25

Net Interest Income - Quarter

Net Interest Income

492 494 506 520 499


Cost of Deposits & Yield on Advances

Net Interest Margin

2.73 2.60 2.61 2.662.46


Cost of Funds & Yield on Funds

Rs Cr

In %

In %

5.40 5.58 5.57 5.59 5.72

7.83 7.95 7.94 7.977.93


Cost of Funds Yield on FundsIn %

6.04 6.06 6.08 6.16 6.30

9.61 9.50 9.50 9.64 9.51


Cost Of Deposit Yield on Advances

26

Net Interest Income - Cumulative

Net Interest Income

461

964

1,473

1,966

494

1,001

1,520

2,020

Jun-18Jun-17 Sep-17 Dec-17 Dec-18Mar-18 Sep-18 Mar-19

6.08 6.06 6.07 6.10 6.15

9.899.50 9.50 9.55 9.54

Mar -18 Jun -18 Sept -18 Dec -18 Mar -19

Cost of Deposits Yield on Advances

Cost of Deposits & Yield on Advances

Net Interest Margin

2.842.60 2.60 2.62 2.58

Sep-18Mar-18 Jun-18 Dec-18 Mar-19

Cost of Funds & Yield on Funds

Rs Cr

In %

In %

5.44 5.58 5.56 5.57 5.60

7.97 7.95 7.93 7.947.94


Cost of Funds Yield on FundsIn %

27

Improving Operating Efficiency

47.17

57.8855.58 54.68 54.88


C/I Ratio

Business per Employee Business per Branch

14.9 15.7 15.7 15.5 15.9

Mar-19Jun-18Mar-18 Sep-18 Dec-18

134147 148 149 150

Mar-18 Sep-18Jun-18 Mar-19Dec-18

Employee Additions

-77

332

99

137

-33


In %

Rs Cr Rs Cr

28

Sustainable Other Income

…Sustainable : Transaction Fees + Technology

31 32 35 37 33

69 59 6071 86

95

Mar-19Mar-18

91

Jun-18

100

Dec-18Sep-18

108120

Total Other Income led by ….

Transaction Fees Technology

Investment Book as on Mar-19

Rs Cr Rs Cr

13 16 1327

6555

30 3943

37

14

Dec-18Sep-18

1111

Mar-18

9

Jun-18

10

Mar-19

OtherForex Profit on Sale of Investments

Profit on Sale of Investments, Forex & Others

Rs Cr

179146 158

187

236


Details Rs. Cr M Duration

HTM 15,452 5.42

AFS 3,873 2.04

HFT 199 0.15

Total 19,525 4.94

29

Break Up of Provisions

Particulars (Rs Cr) Q4-FY 19 Q4-FY 18 Q3-FY 19

For NPA & NPI 191.0 151.7 189.4

For Depreciation on Investments 39.7 8.5 -7.3

For Standard Assets 14.4 -6.2 10.1

For Restructured Advances/Sacrifices & FITL 3.0 -10.1 0.0

For Unhedged Forex Exposure 0.5 -0.1 -0.1

Others -29.5 4.8 11.1

Taxes 37.9 48.2 45.0

Total Provisions 257.0 196.8 248.1

30

Non Performing Assets

Net NPA

2.60%

3.27% 3.16%

3.54%

3.45%


Gross NPA

3.59%

4.54% 4.61% 4.88% 4.92%


Net NPA MovementGross NPA Movement

Rs Cr Mar-18 Jun-18 Sept-18 Dec-18 Mar-19

Opening 1,775 1,980 2,552 2,646 2,930

Additions 614 609 213 659 368

Deductions 408 37 119 375 166

Closing 1,980 2,552 2,646 2,930 3,132

Rs Cr Mar-18 Jun-18 Sept-18 Dec-18 Mar-19

Opening 1,211 1,416 1,814 1,785 2,100

Additions 510 505 165 555 305

Deductions 305 107 194 240 241

Closing 1,416 1,814 1,785 2,100 2,164

31

Stressed Assets - QoQ

Gross Basis Net Basis

Rs Cr Q3-FY 19 Q4-FY 19 Q3-FY 19 Q4-FY 19

NPA 2,930 3,132 2,100 2,164

Restructured Standard Advance 200 214 200 214

Other Stressed Advances 0 0 0 0

Total Stressed Assets 3,130 3,346 2,300 2,378

Advances 60,064 63,636 59,256 62,664

Stressed Assets as % of Advances 5.21% 5.26% 3.88% 3.79%

32

Restructured Advances Breakup

Restructured Assets

57

2022

200

Mar-19Mar-18 Jun-18 Sep-18 Dec-18

214

Restructured Standard Advance

Sector Standard Restructure – Q4FY19

9.8%

90.2%

Construction EPC

Others (on Account of Kerala Floods and MSMERestructuring)

Security Receipts Outstanding as on 31.3.2019

Book Value Provision NAV

1,285.22 279.04 1,006.18

Rs Cr

Rs Cr


33

Restructured Standard Advance

Restructured Standard Asset BookRs Cr

- -

21 -

179 -

Infra Roads

OpeningUpgradation from NPA to

Std. Rest.

Construction EPC

Others

-

-

-

Slippages to NPA

200 -Total -

-

21

193

Closing Balance

214

-

-

32

Fresh Addition

32

-

-

18

Decrease in Balance

18

34

Movement in Restructured Assets

Movement in Restructured Accounts (Including Restructured NPA)

447 438

32 41

Opening Fresh Addition

0

Increase in Balance

0

Upgradation in Standard

Category

Closure Including Write Off

0

Dec in Balance

Closing

Shift of focus from Large Corporate

toSMEs

Defocusing from Stressed Sectors

Special Cell & Asset Monitoring Cell

Rs Cr


35

Credit Provisioning

NPA Provisioning

805

938

209 76

ClosingOpening Additions Deductions

Provision Coverage

Ratio : 42.46%

Rs Cr


36

Fresh Slippages/Advance Ratios

SME Slippage

Retail Slippage

Corporate Slippage

0.18%

0.40% 0.42%

0.20% 0.20%


Agriculture Slippage

2.36%

1.54%

0.09%

2.38%

0.53%


0.30%

1.72%

0.76%0.80% 0.75%


0.71%

0.14%

0.22%

0.04%

1.15%


37

Capital Composition

BASEL III In %

10.4 10.1 10.0 9.7 10.0

2.32.1 2.1

2.12.6

Sep-18Mar-18 Jun-18

12.112.7

Dec-18 Mar-19

12.211.8

12.6

Tier 2 Tier 1

38

Profit & Loss Overview- Q4 FY19

Rs Cr Q4-FY19 Q4-FY 18 Y-o-Y (%) Q3-FY19 Q-o-Q (%)

Net Interest Income 499 492 2% 520 -4%

Other Income 236 179 32% 187 26%

Total Income 735 671 10% 706 4%

Operating Expenses 407 360 13% 374 9%

Operating Profit 328 311 5% 332 -1%

Provisions (Ex-Tax) & Contingencies

219 149 47% 203 8%

Reported Profit Before Tax 108 162 -33% 129 -16%

Provision for Tax 38 48 -21% 45 -16%

Profit After Tax 71 114 -38% 84 -16%

39

Balance Sheet Overview- Q4 FY19

Rs Cr Q4-FY 19 Q4-FY 18 Y-o-Y (%) Q3-FY 19 Q-o-Q (%)

Capital & Liabilities 92,279 82,686 11.6% 88,249 4.6%

Capital 181 181 0.0% 181 0.0%

Reserves and Surplus 5,154 5,060 1.9% 5,153 0.0%

Deposits 80,420 72,030 11.6% 77,665 3.5%

Borrowings 4,903 4,043 21.3% 3,688 32.9%

Other Liabilities & Provisions 1,621 1,372 18.1% 1,562 3.8%

Assets 92,279 82,686 11.6% 88,249 4.6%

Cash & Balances with RBI 3,662 3,258 12.4% 3,526 3.8%

Balances with Banks 1,161 963 20.6% 1,166 -0.5%

Investments 19,081 18,363 3.9% 18,507 3.1%

Advances 62,694 54,563 14.9% 59,256 5.8%

Fixed Assets 709 681 4.1% 693 2.3%

Other Assets 4,973 4,858 2.4% 5,101 -2.5%

Business (Advances + Deposits) 144,056 127,139 13.3% 137,729 4.6%

Current Accounts 3,332 3,058 9.0% 3,485 -4.4%

Savings Accounts 16,135 14,084 14.6% 15,421 4.6%

CASA Ratio 24.21% 23.80% 1.7% 24.34% -0.5%

40

Key Metrics- Quarterly

Particulars FY17 FY18 FY19

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Net Interest Margin (NIM) 2.7% 2.8% 2.7% 2.7% 2.8% 2.9% 2.9% 2.7% 2.6% 2.6% 2.7% 2.46%

CRAR Basel III 11.7% 11.1% 11.1% 12.4% 12.1% 11.7% 12.5% 12.7% 12.2% 12.1% 11.8% 12.6%

RoAA (Annualized) 0.6% 0.7% 0.6% 0.4% 0.6% 0.02% 0.6% 0.6% 0.1% 0.3% 0.4% 0.3%

Provision Coverage 42.6% 46.1% 50.2% 55.1% 44.6% 44.1% 49.4% 41.2% 39.1% 41.9% 41.2% 42.5%

CASA 23.2% 22.8% 25.9% 23.8% 25.2% 24.6% 24.9% 23.8% 24.7% 24.5% 24.3% 24.2%

Gross NPA 4.0% 4.0% 4.0% 2.5% 3.6% 3.6% 3.4% 3.6% 4.5% 4.6% 4.9% 4.92%

Net NPA 2.9% 2.8% 2.5% 1.5% 2.5% 2.6% 2.4% 2.6% 3.3% 3.2% 3.5% 3.45%

Book Value per Share (Rs.) 30.0 30.8 31.6 26.9 27.7 27.6 28.4 29.0 29.1 29.0 29.5 29.5

EPS (Rs.) (Annualized) 2.8 3.0 3.1 2.6 2.3 0.1 2.5 2.56 0.51 1.54 1.84 1.58

Branches

- Kerala 453 454 455 463 463 463 463 464 464 465 465 474

- South India (Ex-Kerala) 245 245 245 246 246 246 246 248 249 249 249 253

- Rest of India 140 140 140 141 142 142 142 142 142 143 143 143

Total Branches 838 839 840 850 851 851 851 854 855 857 857 870

ATMs

- Kerala 701 713 718 724 745 756 769 783 786 792 802 802

- South India (Ex-Kerala) 388 391 393 394 396 393 396 398 399 401 403 401

- Rest of India 202 202 202 202 203 205 205 201 201 202 202 203

Total ATMs 1,291 1,306 1,313 1,320 1,344 1,354 1,370 1,382 1,386 1,395 1,407 1,406

41

Next Generation Bank

42

Present across Customer Touch Points

SIB Mirror + Mobile Banking

Point of SaleInternet Banking

ATMs

1,406 ATMs across India

Branches

870 Branches & 53 Extension Counters

Traditional & Alternate Channels

http://www.google.co.in/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0CAMQjRxqFQoTCNqlqrq6-scCFcdtjgodsmMHeA&url=http://indway.com/portfolio/clients/&psig=AFQjCNGdT4eNuKrmr2-v1RWngG_8Cf9Bug&ust=1442455188830877


43

Technology Initiatives

Mirror + is an all in one stop for your mobile banking needs, with additional features as IMPS (24/7) fund transfer, NEFT fund transfers, and full access to account information, and much more

SIBerNet is a suite of comprehensive internet banking services positioning SIB as a technology-driven bank offering superior services to retail customers with added security like OTP, FRM Solution.

Retail branches now interconnected with single-window service and providing real-time online, real-time transactions to customers.Instant account opening facility through Quick Account Opening, TAB Account Opening supported by e-KYC.

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

44

Personal Banking: Technology Banking

Active Internet Users

303 313 332 354 390


Mobile Transaction Volume

Internet Transaction Volume Internet Transaction Value

Mobile Transaction Value

954 948 962 9291,027


6,075 6,185 6,4516,989

7,961

Mar-18 Mar-19Jun-18 Sep-18 Dec-18

2,2422,682

3,632

5,549

7,437


+232%

1,8752,257

2,657

3,401

4,241

Mar-19Jun-18Mar-18 Sep-18 Dec-18

+126%

(000)’s (000)’s

(000)’s

Rs Cr

Rs Cr

45

Personal Banking: Debit Cards

3.8 3.9

4.0

4.3

3.8


No of Active Debit Cards Debit Card Transaction Volumes

Debit Card Transaction Value

37.2 36.8 37.6 38.1 38.3

Mar-18 Jun-18 Dec-18Sep-18 Mar-19

In Millions In Millions

Rs Cr

7,0907,512 7,573 7,761

7,321

Mar-18 Jun-18 Mar-19Dec-18Sep-18

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 bank in the private sector in India to open a

Currency Chest on behalf of the RBI in April 1992

FIRST private sector bank to open a NRI branch in

November 1992

FIRST bank in the private sector to start Industrial Finance

Branch in March 1993

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 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 since FY08

Branch Network

71143

133

253

286

474

490

FY19FY08

870

+78%

South Ex-KeralaKerala Others (Rest of India)

ATM Network

203

401

115

802

50

FY19

58

FY08

223

1,406

+530%

49

Performance since FY08

376

2,020

FY08 FY19

CAGR: +17%

Net Interest Income

25,610

144,056

FY19FY08

CAGR: +17%

Business (Advances + Deposits)

152

248

FY08 FY19

CAGR: +5%

Profit After Tax

1.78

4.92

FY19FY08

314bps

Gross NPA

Rs Cr Rs Cr

Rs Cr In %

50

Leadership Team

Mr. V. G Mathew , MD & CEO

▪ Post Graduate in Physics and CALLB with over 40 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 (Operations)

• 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 Bank’s 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(Country Head – Business Development)

• Bachelors Degree in Science, MBA and CAIIB

Mr. Raphael T.J., Chief General Manager (Chief Information Officer)

• Bachelors Degree in Commerce, Masters in EXIM,

Diploma in Financial Management and CAIIB

Mr. Anto George T, General Manager (Head of Inspection & Vigilance Department and Chief of Internal Vigilance)

• Bachelors Degree in Arts & Post Graduate Diploma in

Computer Application and MBA in HR Management

• Certification in RDBMS & Oracle 8i and JAIIB

• Bachelors Degree in Arts & Masters Degree in Business

Administration and CAIIB

Mr. Benoy Varghese (Country Head – Wholesale Banking)

Mr. Sanchay Kumar Sinha (Country Head – Retail Banking)

• Bachelor’s degree in Arts, Post Graduate Certificate in

Business Management (XLRI)

Mr. Shelly Joseph, General Manager

• Masters Degree in Commerce & CAIIB

Mr. Chandrasekhar Mukherjee, Chief People Officer

• Bachelors Degree in Commerce

• Post Graduation Diploma in Personnel Management &

Industrial Relation


53

Management Team

Mrs. Chithra H, Chief Financial Officer

• Bachelors Degree in Commerce

• Associate member of the Institute of Chartered

Accountants of India

• Certified Associate of the Indian Institute of Banking &

Finance

Mr. Sibi P M, Chief Compliance Officer

• Bachelor of Technology

• Certified Associate of Indian Institute of Banking &

Finance

• FRM and GARP

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

Mr. Reddy N J, General Manager

• Masters Degree in Commerce & LLB


54

Award Wins during FY19

HUDCO AwardSouth Indian Bank has received the award for Best Performing PLI of HUDCO’ under CLSS

Photo Caption- Mr. Sanchay Kumar Sinha, Country Head (Retail Banking) receiving award for ‘ Best Performing PLI of HUDCO’ under CLSS from Mr. Hardeep S Puri, Union Minister of State (Independent Charge). Also seen are Mr. Rakesh

Kumar Arora, Director (Finance) HUDCO, Mr. Durga Shanker Mishra, Union Housing & Urban Affairs Secretary, Dr. M Ravi Kanth, Chairman and Managing Director HUDCO and Mr. N. L. Manjoka, Director (Corporate Planning) HUDCO.

55


National Payments Excellence Award South Indian Bank receiving National Payments Excellence Award for RuPay instituted by NPCI

Photo Caption- Shri. Reghunathan K N, EVP (Treasury), South Indian Bank receiving National Payments Excellence Award for RuPay instituted by NPCI from Shri. B. P. Kanungo, Deputy Governor, RBI, in the presence of Biswamohan Mahapatra,

Chairman, NPCI, Mr. V.G. Kannan, Chief Executive, IBA and Dr. A.S. Ramasastri, Director, IDRBT.

56


MSME Banking Excellence AwardSouth Indian Bank receiving Best MSME Bank-Runner Up award

Photo Caption- Mr. John Thomas, Country Head (Business Development) receiving Best MSME Bank-Runner Up award, on behalf of South Indian Bank from Shri. Giriraj Singh, Minister of State in charge, Micro, Small & Medium Enterprises. Also seen are Mr. Mukesh Mohan Gupta, President, Chamber of Indian Micro Small & Medium Enterprises (CIMSME) and Mr.

SatheeshKumar K S (JGM & Regional Head, Delhi), South Indian Bank.

57


Banking Technology Awards by IBASouth Indian Bank receiving Banking Technology 2019 awards instituted by IBA

Photo Caption- Mr. Raphael T J, CGM and CIO of the South Indian Bank and Mr. Sony A, JGM receiving the Banking Technology 2019 awards instituted by IBA from Prof. N. Balakrishnan, Director, Super Computer Education & Research

Centre, Indian Institute of Science, Mr. Sunil Mehta, Chairman, Indian Banks’ Association (IBA), Mr. R. Sridharan, MD, CCIL-Clearing Corporation of India in the presence of Mr. V. G. Kannan, Chief Executive, IBA.

58


KMA Award 2018South Indian Bank receiving CSR Award for Banks & NBFCs under Education Sector instituted by Kerala

Management Association

Photo Caption- Shri. Raphael T.J (Senior General Manager & CIO, South Indian Bank) receiving CSR Award for Banks & NBFCs under Education Sector instituted by Kerala Management Association from Shri. Kochouseph Chittilappilly (Chairman & CEO,

V-Guard Industries Ltd.) in the presence of Dr. George Sleeba (Executive Director, K. Chittilappilly Foundation), Mr. Jose Dominic (MD & CEO, CGH Earth Group), Mr. V. George Antony (Non Executive Vice Chairman, UAE Exchange & Financial Services Ltd.) and Mr. Vivek Krishna Govind (President, KMA & Senior Partner, Varma & Varma Chartered Accountants)

59

Company Investor Relations Advisors

The South Indian Bank Ltd.CIN – L65191KL1929PLC001017Ms. Chithra H, CFOMr. Vijith S, Dy. General Manager [email protected] [email protected]

www.southindianbank.com

Strategic Growth Advisors Pvt. Ltd.CIN - U74140MH2010PTC204285Mr. Shogun Jain / Mr. Sagar [email protected] / [email protected]+91 77383 77756 / +91 98205 19303

www.sgapl.net

For further information, please contact:

mailto:[email protected]


http://www.southindianbank.com/



http://www.sgapl.net/

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