South Indian Bank Q2FY27 Results: Gross advances up 18.67% to ₹1,09,519 crore
- Gross advances grew 18.67% YoY to ₹1,09,519 crore in Q2FY27
- Total deposits increased 18.70% YoY to ₹1,37,258 crore
- CASA ratio stood at 31.55%, down from 32.12% in Q4FY26
- Adjusted gross advance growth would have been 19.81% excluding a prior quarter write-off of ₹1,048 crore
*this image is generated using AI for illustrative purposes only.
South Indian Bank reported an 18.67% YoY rise in gross advances to ₹1,09,519 crore in Q2FY27, alongside an 18.70% YoY increase in total deposits.
Key business metrics for Q2FY27
The bank's Q2FY27 performance reflected broad-based growth across its core lending and deposit franchises. The following table summarises the key metrics reported for the quarter, including absolute figures and comparative data from previous periods.
| Metric | Q2FY27 (Sep 30, 2026) | Q4FY26 (Mar 31, 2026) | Q2FY26 (Sep 30, 2025) | Change (YoY) |
|---|---|---|---|---|
| Gross advances | ₹1,09,519 crore | ₹1,00,274 crore | ₹92,286 crore | +18.67% |
| Total deposits | ₹1,37,258 crore | ₹1,23,346 crore | ₹1,15,635 crore | +18.70% |
| CASA | ₹43,310 crore | ₹39,621 crore | ₹36,841 crore | +17.56% |
| CASA ratio (%) | 31.55% | 32.12% | 31.86% | - |
Both gross advances and total deposits recorded near-identical YoY growth rates of approximately 18.67% and 18.70% respectively, indicating a broadly balanced expansion in the bank's asset and liability books during the quarter.
Adjusted growth context
The bank disclosed that during the quarter ended March 31, 2026, it had technically written off an amount of ₹1,048 crore. Had this write-off not occurred, the YoY growth in gross advances as on September 30, 2026 would have been 19.81%. The current reported figures are provisional and subject to audit by the Statutory Auditors of the Bank.
Historical Stock Returns for South Indian Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.66% | +0.76% | +4.56% | +38.63% | +63.87% | +406.30% |
How will the provisional nature of these figures and the pending statutory audit impact investor confidence in South Indian Bank's upcoming quarterly results?
What is the breakdown of the ₹1,048 crore write-off, and does it signal a rising trend in credit costs or asset quality deterioration for the bank?
Given the slight decline in CASA ratio to 31.55%, how might this shift in deposit mix affect the bank's net interest margin in subsequent quarters?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
