Here’s how the five banking stocks reacted to their Q4 business updates

Here's how the five banking stocks reacted to their Q4 business updates


A set of mid-sized lenders reported steady business growth in the March quarter, with advances and deposits expanding in double digits on a year-on-year basis.

While CASA trends remained mixed, most banks saw sequential improvement, indicating stable liability franchises and continued credit momentum heading into the new financial year. Here’s the list:

Indian Bank Q4 update
CASA ratio at 39.86% vs 39.08% QoQ and 40.17% YoY
Total business up 13.1% YoY and 4.8% QoQ at ₹14.98 lakh crore
Advances up 13.6% YoY and 4.5% QoQ at ₹6.68 lakh crore
Total deposits up 12.6% YoY and 4.9% QoQ at ₹8.30 lakh crore

South Indian Bank Q4 update
CASA ratio at 32.12% vs 31.84% QoQ and 31.37% YoY
CASA up 17.47% YoY at ₹39,621 crore
Advances up 15.66% YoY at ₹1.01 lakh crore
Total deposits up 14.71% YoY at ₹1.23 lakh crore

Karnataka Bank Q4 update
CASA up 10% YoY and 11.5% QoQ at ₹36,621.16 crore
Total deposits up 3.8% YoY and 4.5% QoQ at ₹1.08 lakh crore
Gross advances up 6.9% YoY and 7.8% QoQ at ₹83,336.92 crore
CASA ratio at 33.65%, up 190 bps YoY and 212 bps QoQ

Tamilnad Mercantile Bank Q4 update
CASA up 22.35% YoY and 9.58% QoQ at ₹17,365 crore
Total business up 17.37% YoY and 7.09% QoQ at ₹1.15 lakh crore
Advances up 20.32% YoY and 5.16% QoQ at ₹53,380 crore
Total deposits up 14.94% YoY and 8.83% QoQ at ₹61,712 crore

Dhanlaxmi Bank Q4 business update

Total business up 19.68% year on year at ₹33,773 crore
Total deposits up 16.42% year on year at ₹18,643 crore
Gross advances up 23.96% year on year at ₹15,130 crore

Shares of Indian Bank are trading 4.19% lower, South Indian Bank is down 2.09%, Karnataka Bank is down 1.47%, and Tamilnad Mercantile Bank is trading 0.83% lower on Thursday.



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