South Indian Bank recorded total deposits (provisional) of Rs 82,710 crore in Q4FY21 fall by 0.39% from Rs 83,034 crore a year ago same period. The bank witnessed Gross Advances (provisional) of Rs 60,385 crore in the fourth quarter ending March 2021 (Q4FY21) period, registering 8% fall from advances of Rs 65,524 crore in the corresponding period of the previous year.
The bank's CASA stood at Rs 24,590 crore in Q4FY21 increasing by 18% Year on Year (YoY). While the CASA ratio was at 29.73% in Q4FY21 versus 25.00% in Q4FY20.
South Indian Bank is considered one of the most proactive banks in India with a competent tech savvy team of professional at the core of services.