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South Indian Bank's gross advances rise 8% to ₹89,201 crore in Q1 FY26Gross advances stood at ₹89,201 crore, reflecting an 8.02% year-on-year increase from ₹82,580 crore as of June 30, 2024. Shares of South Indian Bank Ltd ended at ₹31.57, up by ₹0.77, or 2.50%, on the BSE.By Jomy Jos Pullokaran   July 1, 2025, 10:24:33 PM IST (Published)2 Min ReadThrissur-based South Indian Bank Ltd on Tuesday (July 1) reported provisional business updates for the quarter ended June 30, 2025, showing steady growth in both advances and deposits.

Gross advances stood at ₹89,201 crore, reflecting an 8.02% year-on-year increase from ₹82,580 crore as of June 30, 2024. Sequentially, gross advances rose from ₹87,579 crore in the previous quarter. Total deposits reached ₹1,12,922 crore, up 9.07% compared to ₹1,03,532 crore a year earlier.

The bank's current and savings account (CASA) deposits rose 9.06% year-on-year to ₹36,204 crore, maintaining a CASA ratio of 32.06% — the same as in the year-ago quarter and higher than the 31.37% recorded in the March 2025 quarter.

Fourth Quarter Results

South Indian Bank reported a net profit of ₹342.2 crore in the March quarter. This was up 19% from ₹287.6 crore it reported in the fourth quarter of the last financial year.

Also Read: South Indian Bank Q2 Results: Other income aids net profit; Asset quality improves

South Indian Bank's net interest income (NII) declined 0.7% to ₹868.3 crore in the March quarter from ₹874.4 crore in the year-ago period. Its gross non-performing assets (NPA) were at 3.2% in the fourth quarter. The same was 4.3% in the third quarter of the financial year 2025.

South Indian Bank's net NPA for the fourth quarter was at 0.92% in comparison to 1.25% in the previous quarter. Slippages for the quarter saw a significant reduction to ₹206 crore, compared to ₹291 crore during the December quarter.

South Indian Bank in its fourth quarter business update reported gross advances of 88,447 crore, which was nearly 10% more than the 80,426 crore in the year-ago period. Its retail deposit increased 7.44% to 1.05 lakh crore from 1.01 lakh crore in the fourth quarter of FY24.

Shares of South Indian Bank Ltd ended at ₹31.57, up by ₹0.77, or 2.50%, on the BSE.

Also Read: South Indian Bank sees MSME, retail driving FY26 loan growth, but margins may shrinkContinue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market todaySouth Indian Bank