South Indian Bank Limited

Thrissur, India

South Indian Bank Limited is a private banking institution in India offering a comprehensive range of financial products and services across retail, corporate, and SME segments. The bank is known for its customer-centric approach and innovative financial solutions, and it serves a diverse clientele across South India.

CCI Score

-50.58

0.04% April 29

Latest Event

Exploitative Labor Practices and Harassment at South Indian Bank

An employee on Reddit detailed a series of exploitative labor practices at South Indian Bank, including withholding essential documents, punitive bond terms, delayed salary payments, forced transfers, and harassment post-resignation. These practices illustrate a disregard for labor rights and contribute to a corporate culture that undermines fair treatment and accountability.

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QUISLING

South Indian Bank Limited is currently rated as a Quisling.

-44 to -59 CCI Score

These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

JUN

01

2024

Exploitative Labor Practices and Harassment at South Indian Bank
-73.03

An employee on Reddit detailed a series of exploitative labor practices at South Indian Bank, including withholding essential documents, punitive bond terms, delayed salary payments, forced transfers, and harassment post-resignation. These practices illustrate a disregard for labor rights and contribute to a corporate culture that undermines fair treatment and accountability.
-80

Labor Relations and Human Rights Practices

October 1

The detailed account in the Reddit post highlights multiple labor exploitation issues at South Indian Bank. Withholding critical documents, enforcing punitive bond terms, delaying salary payments with unexplained deductions, and using transfers as a means of harassment are practices that deeply undermine labor rights and contribute to a coercive work environment. Such actions not only violate basic worker protections but also reflect a broader pattern of unethical business practices that can indirectly support authoritarian control in corporate settings.

Harassment by SIB (South Indian Bank) : r/india
OCT

22

2021

Impact of Employee Union Strike on Operations
-28.13

South Indian Bank warned that its operations in Kerala and Mahe could be disrupted by an employee union strike, highlighting underlying labor relations tensions that may reflect a broader disregard for worker rights.
-40

Labor Relations and Human Rights Practices

March 22

The reported strike by the All India Bank Officers' Confederation against South Indian Bank signals severe labor relations issues. The bank's warning that operations may suffer implies potential neglect of employee rights and fair labor practices. This negative labor relations score reflects concerns of broader ethical and human rights responsibilities within the bank's business practices.

Expects Hit on Operations by Employee Union's Strike