The South Indian Bank Limited has officially submitted an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notifying the stock exchanges about the opening of its brand-new branch located at Ambattur, Chennai, Tamil Nadu. The strategic establishment of this latest branch—named Ambattur O.T. (1066)—took place on September 17, 2026, and is aimed at broadening the bank’s operational reach and enhancing next-generation banking accessibility for customers in the region.

The newly inaugurated branch is situated at Plot No. 22B, Old Township Road, Venkatapuram, Ambattur, Chennai. This development underscores the bank’s continuous regulatory compliance and proactive dissemination of material updates through stock exchange filings. The formal disclosure was authenticated and signed by Jimmy Mathew, Company Secretary, ensuring transparency for all stakeholders and updating the bank’s official branch registry hosted on its corporate website.

Founded in 1929 and headquartered in Thrissur, Kerala, The South Indian Bank Limited is a prominent private sector institution delivering comprehensive financial services across retail, corporate, MSME, and NRI banking verticals. Recent updates from 2025 and 2026 highlight the bank’s robust expansion, marked by gross advances crossing the historic milestone of ₹1,00,000 Crores. The institution continues to prioritize asset quality enhancements, securing lower non-performing asset ratios alongside major growth milestones across its digital transaction ecosystems and specialized retail loan portfolios like gold and auto loans.

During the latest quarterly financial results announced for Q1 FY 2026-27, the bank reported a total revenue of ₹3,007.40 Crores, alongside a solid net profit of ₹377.66 Crores. The company’s stellar performance reflects strong year-on-year profitability acceleration and sound cost discipline, backed by substantial institutional participation. Notable prominent investors holding stakes in the bank include domestic mutual funds, foreign portfolio investors (FPIs), and major financial institutions that actively endorse its sustained credit growth strategy and digital transformation roadmap.