Investor Presentation July - 2016 Safe Harbor No representation - - PowerPoint PPT Presentation

Experience Next Generation Banking

Investor Presentation July - 2016

2

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 Company’s 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

• f factors, including future changes or developments in the Company’s 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 any shares in the Company and neither any part of it shall form the basis of or be 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 presentation, without obligation to notify any person of such revision or changes. This presentation can not be copied and/or disseminated in any manner.

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Contents

About Us Business Strategy Performance Matrix Next Generation Bank An Inflection Point

4

Business Strategy

5

Our Strategy…

• Focus on retail loan products
• Efficient branches for faster processing of loans
• Continuous training of work force
• 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
• Centralized processes allowing branches to focus on

garnering low cost funds

Improve CASA

• Granulize loan portfolio to spread out risk
• Cautious approach on large corporate lending
• Special recovery cell for monitoring non performing and

restructured assets

Enhance Asset Quality

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

clients

• Enhance treasury capabilities & increase bench strength
• Expand PoS & ATM Network

Improve share of

• ther

Income

6

…Our Performance is in Line with our Strategy

INCREASE 20% YoY

Expand Retail Business (Ex cl. Gold)

• Rs. 24,609 Crs

Strengthen SME Base

• Rs. 9,830 Crs

Improve CASA

23.24%

Enhance Asset Quality (Restructured Book)

• Rs. 1,387 Crs

Improve share of other Income

• Rs. 173 Crs

INCREASE 20% YoY INCREASE 96 bps YoY DECREASE 36% YoY INCREASE 67% YoY

7

We will continue to focus on our 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

Retail Relationships SME Relationships

8

...Increase Retail & SME Business

• 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

Centralize Marketing & Processing Centre (Kochi)

01 02 03

Retail Hub

• Home Loan
• Auto Loan
• MSME Loan
• LAP

Cluster Branches

9

…by focus on Housing Loans in Retail

2,241 2,369 2,499 2,614 2,677 2,003 1,655 1,417 1,540 1,559 1,501 1,564 1,510 1,733 1,801 1,998 2,521 2,410 941 858 872 973 925 910 1,008 1,057 1,049 1,063 1,455 1,371 9,382 Dec-15 Sep-15 9,250 Jun-15 9,368 Jun-16 10,002 Mar-16 10,093

Retail Breakup

LAD* Service & Traders Manufacturing Gold Housing Others

Housing: Key Initiatives

• Retail hub in Cochin 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

April to June 2016

• Housing Loans Sanctioned : 826 Nos.
• Amount of Housing Loans Sanctioned – Rs. 165 cr

Rs Crs

*LAD = Loan against deposits

10

…becoming a Banker of Choice to SMEs

Loan Book by Geography – Q1 FY17

• 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)

SME Highlights Average SME Loan / Account

15.56 15.33 15.26 15.28 13.70 Sep-15 Jun-15 Jun-16 Mar-16 Dec-15 Kerala 44% South (Ex- Kerala) 33% Rest of India 23% Rs Lakhs

11

…with the help of our Branch Network

Branch Location* No of Branches Kerala 453 South India (Ex-Kerala) 245 Rest of India 140 Total 838

Total Branch Network Total ATM Network

838 834 822 794 738 688 FY12 FY13 FY14 FY15 FY16 Q1 FY17 +4.0% 1,291 1,287 1,200 1,000 800 663 +14.3% FY14 FY15 FY16 Q1 FY17 FY13 FY12

*Map for illustration purpose only

12

… and our Experienced Employees

Total Employees: 6,975*

1% 13% 34% 30% 22% < 1 Year 1-2 Years 2-5 Years 5-10 Years > 10 Years

Employee Addition

41 32 75 6,975 Closing Jun-16 Mar-16 Dec-15 Sep-15 14 Jun-15 7,137

*Employees include full-time officers and clerks.

13

Performance Matrix

14

Strong Deposit Franchise

Core & Non-Core Deposits CASA Deposits

13%

Core Deposit Non-Core Deposit Total Deposit June-16 June-16 June-15 June-15 43,173 48,634 52,324 57,889

11%

Current Deposit Savings Deposit Total CASA June-16 June-16 June-16 June-15 June-15 June-15 2,034 9,622 11,267 11,656 13,454

8% 17% 15%

2,187

Rs Crs Rs Crs

1%

June-16 June-15 9,151 9,255

15

Core Deposits Growing...

Breakup of Deposits

9,151 8,630 7,930 9,203 9,205 9,622 9,915 10,177 10,476 11,267 31,517 32,334 33,204 34,059 35,230 2,157 Sep-15 53,036 Jun-15 52,324 2,034 Jun-16 57,889 2,187 Mar-16 55,721 1,983 Dec-15 53,441 2,130 Others* Current Savings Term

CASA Deposit

2,187 Jun-15 +15% 11,267 13,454 Jun-16 11,656 9,622 2,034

Term Deposits

35,230 31,517 +12% Jun-16 Jun-15 Rs Crs Rs Crs

Savings Current Rs Crs *Others includes: Bulk, Certificates of Deposits

16

NRI Deposits Growing…

22.3 22.8 23.0 22.4 23.2 Jun-15 Sept-15 Dec-15 Mar-16 Jun-16

CASA NRI Deposits

15,025 14,303 13,566 12,904 12,193 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 +23%

In (%)

Rs Crs

17

15,998 , 38.07% 8,585 , 20.43% 1,417 , 3.37% 9,830 , 23.39% 6,194 , 14.74% Corporate Retail Ex Gold Gold SME Agriculture

Composition of Loan Book

26,026 25,686 24,017 23,358 22,503 Dec-15 Sep-15 Jun-15 Jun-16 Mar-16 +16%

Segment wise Break Up Corporate Advances (Above Rs 25 Crs)

Rs Crs Rs Crs 15,998 16,099 16,584 16,857 16,317 Jun-16 Mar-16

• 2%

Dec-15 Sep-15 Jun-15

Retail Advances

Rs Crs

18

Key Focus : Retail, SME & Agriculture

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

8,585 8,721 7,927 7,595 7,365 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 Mar-16 1,371 Dec-15 1,455 Sep-15 1,655 Jun-15 2,003 Jun-16 1,417 9,830 9,823 9,086 8,756 8,218 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 6,194 5,770 5,549 5,352 4,917 Mar-16 Dec-15 Jun-16 Jun-15 Sep-15

~15% of the Agriculture & SME Loans are backed by Additional Security by way of GOLD Retail Loans (Excl. Gold), Agriculture & SME has grown by 20%

Rs Crs Rs Crs Rs Crs Rs Crs

19

Advances growing across Regions

14,270 14,739 14,983 15,680 15,994 12,682 13,187 13,178 13,556 13,315 11,899 12,289 12,440 12,549 12,715 41,785 Mar-16 Dec-15 40,601 Sep-15 40,215 Jun-15 38,851 Jun-16 42,024 Rest of India Kerala South Ex- Kerala Rs Crs

20

Net Interest Income - Quarter

Net Interest Income

374 374 407 388 340 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16

Cost of Deposits & Yield on Advances Net Interest Margin

2.74 2.63 2.92 2.81 2.54 Jun-16 Sep-15 Jun-15 Dec-15 Mar-16

Cost of Funds & Yield on Funds

Rs Crs In % In % 7.07 6.71 6.55 6.38 6.30 9.39 9.28 9.21 8.78 8.73 Jun-15 Sept-15 Dec-15 Mar-16 Jun-16 Cost of Funds Yield on Funds In % 7.85 7.53 7.38 7.24 6.98 11.49 11.38 11.21 10.56 10.89 Jun-15 Sept-15 Dec-15 Mar-16 Jun-16

Cost Of Deposit Yeild on Advances

21

Net Interest Income - Cumulative

Net Interest Income

374 1,510 1,135 729 340 Sep-15 Dec-15 Mar-16 Jun-16 Jun-15 7.85 7.69 7.58 7.52 6.98 11.49 11.43 11.36 11.18 10.89 Jun-15 Sept-15 Dec-15 Mar -16 Jun -16 Cost of Deposits Yield on Advances

Cost of Deposits & Yield on Advances Net Interest Margin

2.74 2.73 2.76 2.67 2.54 Jun-16 Jun-15 Sep-15 Dec-15 Mar-16

Cost of Funds & Yield on Funds

Rs Crs In % In % 7.08 6.89 6.77 6.69 6.30 9.41 9.33 9.29 9.18 8.73 Jun-15 Sept-15 Dec-15 Mar -16 Jun -16 Cost of Funds Yield on Funds In %

22

Improving Operating Efficiency

59.28 58.70 56.60 56.62 52.57 Jun-15 Sept-15 Dec-15 Mar -16 Jun -16

C/I Ratio Business per Employee Business per Branch

13.0 12.0 11.9 11.7 11.5 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 115 108 108 107 107 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16

Employee Additions

128

• 14
• 75
• 41
• 32

Jun-15 Sept-15 Dec-15 Mar -16 Jun -16 In % Rs Crs Rs Crs

23

Sustainable Other Income

…Sustainable : Transaction Fees + Technology

21 21 23 23 25 52 39 44 52 54 Jun-16 79 Mar-16 76 Dec-15 67 Sep-15 60 Jun-15 72

Total Other Income led by ….

Technology Transaction Fees

Investment Book as on Jun-16

Rs Crs Rs Crs 42 50 30 57 14 23 13 14 15 24 22 10 Dec-15 Jun-16 Mar-16 Sep-15 4 Jun-15 9 9 Profit on Sale of Investments Other Forex

Profit on Sale of Investments, Forex & Others

Rs Crs 173 139 153 121 104 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Details

• Rs. Crs

M Duration HTM 12,562 5.44 AFS 2,572 3.76 HFT 2.34

• Total

15,137 5.20

24

Break Up of Provisions

Rs Crs Q1-FY 17 Q1-FY 16 Q4-FY16 For NPA & NPI 93.09 41.22 191.10 For Depreciation on Investments

• 5.36

20.33 0.50 For Standard Assets 22.18 9.43

• 37.37

For Restructured Advances/Sacrifices & FITL 4.05 6.71

• 29.45

For Unhedged Forex Exposure 0.31

• 1.08
• 0.69

Others

• 0.16

2.89

• 7.84

Taxes 50.31 36.08 33.08 Total Provisions 164.42 115.58 149.33

25

Non Performing Assets

Net NPA

1.21% 1.39% 1.80% 2.89% 2.89% June-15 Sept-15 Dec-15 Mar-16 Jun-16

Gross NPA

1.85% 2.24% 2.75% 3.77% 3.96% June-15 Sept-15 Dec-15 Mar-16 Jun-16

Net NPA Movement Gross NPA Movement

Rs Crs Sep-15 Dec-15 Mar-16 Jun-16 Opening 714 892 1,108 1,562 Additions 222 367 845 125 Deductions 44 151 391 36 Closing 892 1,108 1,562 1,651 Rs Crs Sep-15 Dec-15 Mar-16 Jun-16 Opening 464 550 716 1,185 Additions 89 311 664 105 Deductions 4 145 195 98 Closing 550 716 1,185 1,192

26

Restructured Advances Breakup

Restructured Assets Break-up

195 313 306 443 442 945 949 1,930 2,236 Dec-15 1,392 Sep-15 2,313 2,000 Mar-16 Jun-15 2,170 1,975 Jun-16 1,387 Restructured Standard Advance Restructured NPA

Sector Standard Restructure – Q1FY17

18% 43% 39% Power Discoms Construction EPC Others Rs Crs

*Other includes IT, Bullion, etc.

Government’s Uday Scheme targeted towards power Discoms benefiting SIB Benefits of Uday getting reflected in Restructured Book

UDAY Scheme to Benefit

27

Restructured Standard Advance

Restructured Standard Asset Book

Rs Crs

+214

• 43

+402

• +333
• DISCOMS

Opening Increase in Existing Balance Uday – SDL Investments Construction EPC Others Slippages to NPA +949

• 43

Total +169 +402 +374 Closing Balance +945 +42 Fresh Addition +42

• 2
• 1

Decrease in Balance

• 3

28

Movement in Restructured Accounts

Movement in Restructured Accounts

46 42 Closing 1,387

• Dec. in Balance

Upgradation to Standard 1 Fresh Additions Opening 1,392

Shift of focus from Large Corporate to SMEs Defocusing from Power & Infra Sectors Special Recovery Cell & Asset Monitoring Cell

Rs Crs

29

Adequate Provisioning

NPA Provisioning

8.5 91.1 Closing 437.2 Deductions Additions Opening 354.6

Provisioning Coverage Ratio 42.55% Advances in the Initial quarters as NPAs : Requiring Less Provisioning

Rs Crs

30

Fresh Slippages/Advance Ratios

SME Slippage Retail Slippage Corporate Slippage

0.19% 0.12% 0.15% 0.86% 0.55% Jun-15 Sept-15 Dec-15 Mar-16 Jun-16

Agriculture Slippage

0.21% 0.23% 0.02% 0.23% 0.38% Jun-15 Sept-15 Dec-15 Mar-16 Jun-16 0.55% 0.44% 0.61% 0.27% 0.55% Jun-15 Sept-15 Dec-15 Mar-16 Jun-16 0.60% 0.95% 1.80% 4.42% 0.00% Jun-15 Sept-15 Dec-15 Mar-16 Jun-16

31

Well Capitalized to support Growth

BASEL III

10.0 9.6 9.4 9.8 9.9 1.4 2.3 2.3 2.0 1.8 Mar-16 11.8 Dec-15 11.7 Sep-15 11.9 Jun-15 11.4 Jun-16 11.7 In %

32

Key Performance Highlights- Q1 FY17

Rs in Crores Q1 FY17 Q1 FY16 Growth

Net Total Income 547 444

23.17%

EBIDTA 17 41 26%

Deposits 57,889 52,324

10.64%

Advances 42,024 38,820

8.25%

CASA 23.24% 22.28%

96 bps

PAT 95 65

45.60%

33

Balance Sheet Overview- Q1 FY17

Rs Crs Q1-FY 17 Q1-FY 16 Y-o-Y (%) Q4-FY 16 Q-o-Q (%) Capital & Liabilities 64,504 58,940 9.44% 63,175 2.10% Capital 135 135 0.02% 135 0.00% Reserves and Surplus 3,916 3,520 11.24% 3,707 5.63% Deposits 57,889 52,324 10.64% 55,721 3.89% Borrowings 1,395 1,660

• 15.97%

2,315

• 39.74%

Other Liabilities & Provisions 1,169 1,301

• 10.14%

1,297

• 9.88%

Assets 64,504 58,940 9.44% 63,175 2.10% Cash & Balances with RBI 2,602 2,417 7.63% 2,476 5.06% Balances with Banks 827 825 0.25% 623 32.68% Investments 15,386 13,285 15.81% 14,619 5.25% Advances 41,237 38,243 7.83% 41,086 0.37% Fixed Assets 594 478 24.31% 487 22.01% Other Assets 3,858 3,692 4.50% 3,884

• 0.66%

Business (Advances + Deposits) 99,126 90,567 9.45% 96,806 2.40% Current Accounts 2,187 2,034 7.51% 1,983 10.28% Savings Accounts 11,267 9,622 17.09% 10,476 7.55% CASA Ratio 23.24% 22.28% 96 bps 22.36% 88 bps

34

Profit & Loss Overview- Q1 FY17

Rs Crs Q1-FY 17 Q1-FY 16 Y-o-Y (%) Q4-FY16 Q-o-Q (%)

Net Interest Income 374 340 9.78% 374

• 0.18%

Other Income 173 104 67.04% 139 24.72% Total Income 547 444 23.17% 513 6.57% Operating Expenses 288 263 9.23% 291

• 1.19%

Operating Profit 259 181 43.45% 222 16.73% Provisions (Ex-Tax) & Contingencies 114 80 44.61% 116

• 1.84%

Profit Before Tax 145 101 43.39% 106 37.09% Provision for Tax 50 36 39.40% 33 52.13% Exceptional Items

• Profit After Tax

95 65 45.60% 73 30.27%

35

Key Metrics- Quarterly

Particulars FY15 FY16 FY17 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Net Interest Margin (NIM) 2.7% 2.9% 2.5% 2.7% 2.5% 2.8% 2.9% 2.6% 2.74% CRAR Basel III 12.2% 12.1% 11.4% 12.1% 11.4% 11.9% 11.7% 11.8% 11.68% RoAA (Annualized) 0.5% 0.6% 0.6% 0.1% 0.5% 0.6% 0.7% 0.5% 0.57% Provision Coverage 62.5% 62.9% 60.4% 61.0% 56.1% 55.3% 50.3% 40.3% 42.55% CASA 22.1% 22.1% 21.5% 20.6% 22.3% 22.8% 23.0% 22.4% 23.24% Gross NPA 1.5% 1.6% 1.8% 1.7% 1.9% 2.2% 2.8% 3.8% 3.96% Net NPA 0.9% 0.9% 1.0% 1.0% 1.2% 1.4% 1.8% 2.9% 2.89% Book Value per Share (Rs.) 25.88 26.47 27.10 26.59 27.07 27.76 28.51 28.45 30.00 Earnings per Share (Rs.) (Annualized) 3.78 3.01 2.87 2.28 1.93 2.34 2.56 2.47 2.82 Branches

• Kerala

439 440 441 444 447 447 447 449 453

• South India (Ex-Kerala)

230 232 233 239 242 244 244 245 245

• Rest of India

132 133 136 139 139 140 140 140 140 Total Branches 801 805 810 822 828 831 831 834 838 ATMs

• Kerala

565 587 607 651 670 682 688 698 701

• South India (Ex-Kerala)

297 313 325 365 378 380 384 387 388

• Rest of India

156 163 176 184 196 198 200 202 202 Total ATMs 1,018 1,063 1,108 1,200 1,244 1,260 1,272 1,287 1,291

36

Next Generation Bank

37

Present across Customer Touch Points

Mobile Banking Mobile Banking Point of Sale Internet Banking ATMs

1,291 ATMs across India

Branches

838 Branches & 42 Extension Counters

Traditional & Alternate Channels

38

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

• ffering 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

• nline 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

39

Personal Banking: Technology Banking

Active Internet Users

135 162 133 134 141 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

Mobile Transaction Volume Internet Transaction Volume Internet Transaction Value Mobile Transaction Value

611 591 1,254 536 866 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 2,551 2,515 2,385 1,887 2,356 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 748 670 507 437 342 Sep-15 Jun-15 Jun-16 Mar-16 Dec-15 170 124 104 74 233 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 (000)’s (000)’s (000)’s Rs Crs Rs Crs

40

Personal Banking: Debit Cards

2.5 2.8 3.0 3.3 3.4 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

No of Active Debit Cards Debit Card Transaction Volumes Debit Card Transaction Value

30.8 30.4 28.9 29.2 26.8 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 5,777 5,375 5,164 5,047 4,806 Mar-16 Dec-15 Sep-15 Jun-15 Jun-16 In Millions In Millions Rs Crs

41

An Inflection Point

42

Moving Towards Vision 2020…

• Provides advisory

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

Appointed International Finance Corporation

• Facilitates loans to

MSE and promotes the MSME credit portfolio of the Bank

Entered Memorandum

• f Understanding

with NSIC

• Houses the Bank’s

Marketing Dept, Retail Loan Hub and Transaction Banking Dept

Opened Centralized Marketing & Processing Centre

....to become Retail Banking Power House

43

About Us

44

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

• pen 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

45

Expansion over a Decade

Branch Network

140 121 245 263 449 56 FY16 FY06 440

~2X

834 Kerala South Ex-Kerala Others (Rest of India)

ATM Network

698 202 387 66 1,287 144 40

~9x

FY16 FY06 38

46

Performance over a Decade

1,510 310 CAGR : 17% FY16 FY06

Net Interest Income

96,806 15,949 FY06 FY16 CAGR : 20%

Business (Advances + Deposits)

333 51 FY06 FY16 CAGR : 21%

Profit After Tax

3.77 4.99 FY06 122bps FY16

Gross NPA

Rs Crs Rs Crs Rs Crs In %

47

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

48

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 Bank’s nominee on the Board of FIMMDA and SBI Global Factors and Member of the Advisory Committee
• f Metropolitan Stock Exchange of India, IDFC Investment Fund, TATA Growth Fund, TATA Innovative Fund, India

Advantage Fund I & II

49

Management Team

• Mr. John Thomas, General Manager

(Business Development Department)

• Bachelors Degree in Science, MBA and CAIIB
• Mr. Murali N A., General Manager

(Mumbai Regional Office)

• Masters Degree in Commerce and JAIIB
• Mr. Raphael T.J., General Manager

(Marketing & Information Technology)

• Bachelors Degree in Commerce, Masters in EXIM,

Diploma in Financial Management and CAIIB

• Mr. Paul V.L., General Manager

(Administration)

• Masters Degree in Arts and Post Graduate Diploma in

Personnel Management & JAIIB

• Bachelors Degree in Arts & Masters Degree in Business

Administration and CAIIB

• Mr. Anto George T., General Manager

(Delhi Regional Office)

• 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
• Mr. Benoy Varghese, General Manager

(Credit Department)

50

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

51

Awards & Recognition

SIB wins prize in IDRBT Banking Application Contest SIB wins Master Card Innovation Award SIB wins ‘Social Banking Excellence Award instituted by ASSOCHAM”

52 Company Investor Relations Advisors The South Indian Bank Ltd. CIN – L65191KL1929PLC001017

• Mr. C. P. Gireesh, CFO

cpgireesh@sib.co.in www.southindianbank.com 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

For further information, please contact: