Quarterly Updates1 Oct 2025, 09:41 pm
South Indian Bank's Q3 2025 Business Update: Deposits Rise, 10% YoY Growth Excluding Technical Write-Off
AI Summary
South Indian Bank Ltd. has released its business updates for the quarter ended Sep 30, 2025. The bank's total deposits have increased from 1,05,451 crores to 1,15,635 crores. The Current Account and Savings Account (CASA) deposits have also risen from 33,530 crores to 36,841 crores, contributing to 31.86% of the total deposits. Notably, the bank had undertaken a one-off technical write-off of 1,900 crores during the quarter ended 31.03.2025. Excluding this adjustment, the year-on-year growth would have been 10%. The provided data is provisional and subject to limited review by the bank's statutory auditors.
Key Highlights
- Total deposits increased by 9,184 crores from Sep 2024 to Sep 2025
- CASA deposits rose by 3,311 crores from Sep 2024 to Sep 2025
- CASA ratio remained relatively stable at around 31.8%
- The bank undertook a one-off technical write-off of 1,900 crores in Q1 2025
- Excluding the write-off, the bank's year-on-year growth would have been 10% as of Sep 2025