South Indian Bank’s CASA ratio rose to 32.12%, compared with 31.84% in the previous quarter and 31.37% a year ago, reflecting stronger low‑cost deposit mobilisation. CASA deposits grew 17.47% year‑on‑year to ₹39,621 crore.
Advances recorded a healthy growth of 15.66% year‑on‑year to ₹1.01 lakh crore, while total deposits increased 14.71% year‑on‑year to ₹1.23 lakh crore, indicating sustained business momentum.
South Indian Bank’s net profit increased by 9% from last year to ₹374 crore in Q3FY26. The lender’s other income stood at ₹486 crore.
The lender’s Net Interest Income, or core income that it earns, rose by 1% on a year-on-year basis to ₹881 crore from ₹869 crore during the same quarter last year.
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Shares of South Indian Bank rose nearly 6% to settle at ₹36.20 on Wednesday. The scrip has corrected 4.5% so far this year, while the one-year return is 53%.
