South Indian Bank Reports 15.66% Growth in Advances, Deposits Rise 14.71% in FY26

South Indian Bank has reported strong provisional financial results for the financial year ended March 31, 2026, demonstrating robust growth across key banking parameters. The bank achieved gross advances of ₹1.01 trillion and total deposits of ₹1.23 trillion, marking significant year-over-year expansion in its core banking operations.

Financial Performance Overview

The bank's provisional financial data reveals impressive growth momentum across all major metrics:

Particulars	March 31, 2025 (Audited)	March 31, 2026 (Provisional)	Y-o-Y Growth
Gross Advances	₹87,579 crore	₹1,01,295 crore	15.66%
Total Deposits	₹1,07,526 crore	₹1,23,346 crore	14.71%
CASA	₹33,730 crore	₹39,621 crore	17.47%
CASA Ratio	31.37%	32.12%	75 bps

Strong CASA Performance

The bank's Current Account Savings Account (CASA) deposits showed exceptional growth of 17.47%, reaching ₹39,621 crore. The CASA ratio improved to 32.12% from 31.37% in the previous year, representing an increase of 75 basis points. This improvement in CASA ratio indicates enhanced cost-effective funding for the bank's lending operations.

Business Growth Analysis

The achievement of ₹1.01 trillion in gross advances represents a significant milestone, with the bank recording a healthy 15.66% year-over-year growth. This expansion reflects strong credit demand and the bank's successful lending strategies across various segments.

Total deposits grew by 14.71% to reach ₹1.23 trillion, demonstrating the bank's ability to attract and retain customer funds. The balanced growth in both advances and deposits indicates effective asset-liability management and sustainable business expansion.

Regulatory Compliance

The financial data was disclosed in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015. The bank emphasized that the figures are provisional and subject to audit by statutory auditors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.05%	-0.68%	-10.72%	+25.09%	+55.48%	+359.82%

South Indian Bank has announced the allotment of 72,488 equity shares under its Employee Stock Option Scheme (ESOS) 2008. The Nomination and Remuneration Committee of the Board approved this allotment on March 26, 2026, following the exercise of stock options by eligible grantees.

Allotment Details

The share allotment was executed across three different tranches under the SIB ESOS Scheme 2008, with each tranche having distinct exercise prices and grant dates.

Tranche Details	No. of Shares	Face Value	Exercise Price	Total Amount Received
Tranche 13 (granted July 31, 2023)	50,383	Re. 1	Rs. 20.00	Rs. 10,07,660.00
Tranche 14 (granted May 02, 2024)	2,290	Re. 1	Rs. 22.00	Rs. 50,380.00
Tranche 15 (granted July 30, 2024)	19,815	Re. 1	Rs. 27.14	Rs. 5,37,779.10
Total	72,488	Re. 1	-	Rs. 15,95,819.10

Impact on Share Capital

Following this allotment, the bank's capital structure has been updated. The issued and subscribed capital now stands at Rs. 261,75,67,904.00, comprising 2,61,75,67,904 equity shares of Re. 1 each.

Regulatory Compliance

The allotment was conducted in accordance with multiple regulatory frameworks:

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SEBI (Share Based Employee Benefit and Sweat Equity) Regulations, 2021
SIB ESOS Scheme 2008 provisions

The bank has fulfilled its disclosure obligations by informing both the National Stock Exchange of India and BSE Limited about this corporate action. Additionally, the information has been made available on the bank's official website for stakeholder access.