South Indian Bank reports strong provisional growth in deposits and advances

South Indian Bank has released its provisional business updates for the quarter ended September 30, 2025. Gross advances reached ₹92,287 crore, showing a 9% year-on-year growth. This growth figure excludes a technical write-off of ₹900 crore undertaken during the quarter ended March 31, 2025. Including this adjustment, the year-on-year growth would have been 10%.

Total deposits increased to ₹1,15,635 crore, marking a 10% year-on-year increase. CASA (Current Account Savings Account) also saw a 10% year-on-year rise, reaching ₹36,841 crore. The CASA ratio stood at 31.86% for the quarter.

These figures are provisional and subject to a limited review by the statutory auditors.