MoneyWorks4Me

South Indian Bank posts 8% growth in deposits in Q4FY22

06 Apr 2022 Evaluate

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.

Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1344.25
Axis Bank 1244.20
Kotak Mahindra Bank 434.75
Indusind Bank 860.00
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