South Indian Bank is a major private sector bank founded in 99. It is one of the earliest banks in South India. Headquartered at Thrissur in Kerala, India, it has a network of 8 branches, extension counters, and , ATMs spread across more than 7 states and union territories in India. It the first among the private sector banks in Kerala to achieve Scheduled Bank status in 9. It is also the first Kerala based bank to implement Core Banking System (CBS), and the first private sector bank to open a NRI branch in November 99.