The South Indian Bank Limited has informed the Exchange about Business Updates for the financial year ended March 31, 2026
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The South Indian Bank has disclosed provisional business metrics for FY2026 ending March 31, 2026. Gross advances grew 15.66% year-on-year to Rs 1,01,295 crore, crossing the milestone of Rs 1 lakh crore. Total deposits increased 14.71% to Rs 1,23,346 crore. CASA (Current and Savings Account) deposits rose 17.47% to Rs 39,621 crore, with the CASA ratio improving by 75 basis points to 32.12%. All figures are provisional and subject to statutory audit. The data shows healthy sequential and annual growth across key banking metrics, reflecting stable asset growth and improving deposit composition.
The bank demonstrated strong momentum with advances and deposits both growing in double digits, and the rising CASA ratio signals better cost of funds. This is a positive update for investors, though it remains provisional pending audit completion.