South Indian Bank gains as Q3 gross advances grow 11% YoY

Image
Last Updated : Jan 02 2026 | 10:31 AM IST

South Indian Bank added 2.11% to Rs 38.73 after the private lender said that its gross advances jumped 11.27% to Rs 96,765 crore as of 31 December 2025 as against Rs 86,966 crore as of 31 December 2024.

The bank's total deposits stood at Rs 1,18,211 crore as of 31 December 2025, recording a growth of 12.17% year on year (YoY).

The banks CASA deposits stood at Rs 37,640 crore as of December 31, 2025, registering a 14.65% year-on-year growth. The CASA ratio improved to 31.84% as of December 31, 2025, compared with 31.15% in the corresponding period last year.

South Indian Bank provides retail and corporate banking and para-banking activities such as debit cards and third-party product distribution, in addition to treasury and foreign exchange business.

In Q2 FY26, the bank reported an 8% year-on-year rise in net profit to Rs 351.36 crore, while net interest income declined 8% to Rs 808 crore.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 02 2026 | 10:15 AM IST

Next Story