South Indian Bank Records Strong Growth: Gross Advances Cross ₹1 Lakh Crore in FY26

South Indian Bank Ltd has released its provisional business updates for the financial year ending March 31, 2026, showcasing a robust trajectory in both lending and deposit mobilization. The bank's performance highlights a significant milestone, with its Gross Advances officially crossing the ₹1,00,000 crore mark.

According to the provisional data, Gross Advances grew by 15.66% Year-on-Year (Y-o-Y), reaching ₹1,01,295 crore compared to ₹87,579 crore in the previous fiscal year. This steady climb suggests a strengthening credit appetite and effective expansion strategies.

On the liability side, the bank reported a healthy 14.71% increase in Total Deposits, which stood at ₹1,23,346 crore. Notably, the CASA (Current Account Savings Account) deposits saw an impressive growth of 17.47%, ending the year at ₹39,621 crore. This has led to an improvement in the CASA Ratio, which climbed to 32.12%, up by 75 basis points from the previous year.

These figures indicate a solid foundation for the bank as it moves into the new financial year, though the bank noted that these results remain subject to final audit by statutory auditors.

Shares of The South Indian Bank Limited was last trading in BSE at Rs. 36.35 as compared to the previous close of Rs. 34.20. The total number of shares traded during the day was 1507751 in over 8983 trades.

The stock hit an intraday high of Rs. 37.20 and intraday low of 35.29. The net turnover during the day was Rs. 54999465.00.

Source : Equity Bulls

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TheSouthIndianBank INE683A01023 FY26 PerformanceUpdate