South Indian Bank’s deposits grew 8% to Rs 89,142 crore as of March 31, 2022 (Q4FY22), as compared to Rs 82,711 crore on a yearly basis. Gross Advances stood at Rs 61,815 crore as of March 31, 2022, posting a 4% rise in year-on-year (YoY) against Rs 59,418 crore as of March 31, 2021. CASA ratio reached 33.21% (Q4FY22) from 29.73% (Q4FY21). The CASA was up 20% to Rs 29,601 crore as of March 31, 2022 against Rs 24,590 crore YoY.
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.