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Chahat Aggrawal

1st Oct · SEBI-Registered Analyst

South Indian Bank Posts 9-10% Growth in Advances & Deposits in Q2FY26

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SOUTHBANK
reported business updates for Q2FY26, with gross advances rising 9% YoY to ₹92,287 crore and total deposits growing 10% to ₹1,15,635 crore. CASA deposits increased 10% YoY to ₹36,841 crore, maintaining a CASA ratio of 31.86%. The bank highlighted that excluding a ₹900 crore technical write-off in Q4FY25, gross advances growth would have been 10% YoY. Figures remain provisional, pending statutory review.

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