Background: South Indian Bank (SIB), among the mid-sized banks in the private sector space, operates a network of about 831 branches and about 1272ATMs. With about half of its branches located in Kerala the bank's business is largely skewed towards the Southern state. SIB has established a strong brand recall among the Keralite-NRI Diaspora. With no identifiable promoters SIB is run by a team of professionals. As of 3QFY16 the bank had...