Mumbai, January 2 (Udaipur Kiran): Shares of South Indian Bank moved higher on Thursday after the lender reported a healthy growth in its deposit base for the third quarter of FY26. The stock was trading at ₹38.95, up by ₹1.02 or 2.69 per cent on the BSE.
The scrip opened at ₹38.74 and touched an intraday high of ₹39.50 and a low of ₹38.39. A total of 17.19 lakh shares were traded during the session. The stock’s 52-week high stands at ₹41.65, recorded on November 20, 2025, while the 52-week low of ₹22.12 was touched on April 7, 2025. The company’s current market capitalisation is ₹10,188.58 crore.
South Indian Bank reported total deposits of ₹1.18 lakh crore as of December 31, 2025, registering a year-on-year growth of 12.17 per cent compared to ₹1.05 lakh crore in the same period last year.
The bank’s gross advances rose to ₹96,765 crore, marking an 11.27 per cent year-on-year increase from ₹86,966 crore in the corresponding quarter of the previous financial year. Its CASA (Current Account Savings Account) deposits also witnessed healthy growth, increasing by 14.65 per cent to ₹37,640 crore as of December 31, 2025, from ₹32,830 crore a year earlier.
Headquartered in Thrissur, Kerala, South Indian Bank continues to strengthen its balance sheet through steady growth in deposits and advances, reflecting improving BUSINESS momentum and customer confidence.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.