South Indian Bank reports double-digit growth in advances and deposits in Q3 FY26

The South Indian Bank Ltd. has reported healthy business momentum for the quarter ended December 31, 2025, with strong year-on-year growth across advances, deposits and CASA, according to a regulatory filing submitted to stock exchanges.

Gross advances stood at Rs 96,765 crore as of December 31, 2025, registering a year-on-year growth of 11.27 per cent compared with Rs 86,966 crore in the corresponding period last year.

The bank noted that during the quarter ended March 31, 2025, it had technically written off Rs 900 crore, and without this adjustment, year-on-year growth in advances would have been 12.43 per cent.

Total deposits increased to Rs 1,18,211 crore as of December 31, 2025, up 12.17 per cent from Rs 1,05,387 crore a year earlier, reflecting steady deposit mobilisation during the period.

CASA deposits rose to Rs 37,640 crore from Rs 32,830 crore in the year-ago period, marking a growth of 14.65 per cent. The CASA ratio improved to 31.84 per cent as of December 31, 2025, compared with 31.15 per cent a year earlier, an increase of 69 basis points, indicating a stronger low-cost deposit base.

The bank clarified that the financial data for the quarter is provisional and subject to limited review by its statutory auditors. The business update was disclosed in compliance with SEBI’s Listing Obligations and Disclosure Requirements Regulations and the bank’s code for fair disclosure of unpublished price-sensitive information.

South Indian Bank said the information has also been made available on its official website, ensuring transparency for investors and stakeholders.

Send news announcements/press releases to:
info@b2bmarketmedia.com

Leave a Reply

Your email address will not be published. Required fields are marked *