South Indian Bank: Advances Up 17% YoY to ₹104,366 Cr in Q1 FY27

South Indian Bank Ltd has reported provisional business updates for the quarter ended June 30, 2026. Gross advances saw a year-on-year growth of 17.01% to ₹104,366 crore. Total deposits increased by 11.39% to ₹125,786 crore, while CASA grew by 14.61% to ₹41,493 crore. The CASA ratio improved to 32.99%. The bank noted that a technical write-off of ₹1048 crore during the previous quarter would have resulted in an 18% YoY growth had it not occurred. The data is provisional and subject to audit.