South Indian Bank has released its provisional business update for the quarter ended September 30, 2025, highlighting steady growth in both advances and deposits.
As per the disclosure filed under SEBI (LODR) Regulations, the Bank’s gross advances stood at ₹92,287 crore as of September 30, 2025, marking a 9% year-on-year (YoY) growth compared to ₹84,714 crore in the same period last year. However, if the one-time technical write-off of ₹900 crore undertaken in March 2025 is excluded, the YoY growth in advances comes to a stronger 10%.
On the liabilities side, total deposits rose 10% YoY to ₹1,15,635 crore, against ₹1,05,451 crore as on September 30, 2024. The Bank also recorded a healthy rise in low-cost deposits, with CASA deposits increasing to ₹36,841 crore, up 10% from ₹33,530 crore last year. The CASA ratio improved slightly to 31.86%, compared to 31.80% in September 2024.
