South Indian Bank has reported a significant growth in its financial metrics for the financial year ended 31 March 2026. The bank’s gross advances reached ₹1,01,295 crore, marking a 15.66% year-on-year increase from ₹87,579 crore in the previous year.
Additionally, the total deposits of South Indian Bank rose to ₹1,23,346 crore, reflecting a 14.71% growth compared to ₹1,07,526 crore as of 31 March 2025. The bank’s Current Account Savings Account (CASA) also saw an increase, reaching ₹39,621 crore, which represents a 17.47% rise from the previous year’s ₹33,730 crore.
The CASA ratio, an important indicator of a bank’s financial health, improved by 75 basis points, moving from 31.37% to 32.12%. This improvement in the CASA ratio indicates a stronger deposit base and a more cost-effective funding structure.
It is important to note that these figures are provisional and subject to audit by the statutory auditors of the bank. The bank has made this information available on its official website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).