South Indian Bank’s gross advance stood at Rs 64,760 crore as of June 30, 2022 (Q1FY23), posting a 11% rise in year-on-year (YoY) terms against Rs 58,320 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 61,816 crore in March 2022. The bank’s total deposits grew 4% to Rs 88,202 crore as of June 30, 2022, as compared to Rs 84,611 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 89,142 crore as of March 2022.
CASA Ratio stood at 34% as of June 30, 2022 as compared to 33% as of March 31, 2022. CASA Deposits stood at Rs 30,340 crore as of June 30, 2022, posting a 18% rise in year-on-year (YoY) terms against Rs 25,725 crore as of June 30, 2021.
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.
