The South Indian Bank Limited — Important, 01-01-2025: Updates
01-01-2025 | 07:13 pm
01-01-2025 | 07:13 pm
Gross advances for South Indian Bank rose to ₹86,965 Cr, marking an 11.94% year-on-year increase. Total deposits reached ₹105,378 Cr, reflecting a 6.28% growth. The CASA (Current Account Savings Account) stood at ₹32,831 Cr, with a ratio of 31.16%. This positive trajectory in both advances and deposits indicates robust growth potential for the bank, suggesting continued strength in its lending capabilities and deposit mobilization strategies. Investors should monitor these developments closely, as they may signal further opportunities for expansion and profitability in the coming periods.
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