MD & CEO, South Indian Financial institution
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SPL
The Thrissur primarily based South Indian Financial institution has registered a 17 per cent progress in its web revenue at ₹378 crore for Q1 FY 27 in comparison with ₹322 crore in Q1 FY26.
P R Seshadri, Managing Director & CEO mentioned that the financial institution witnessed constant progress throughout all focused segments, with a pointy deal with buying high quality property in verticals reminiscent of company lending, auto loans and gold loans. Aligned with our strategic intent of ‘Profitability by High quality Credit score Development’, the financial institution has efficiently on-boarded new advances with low-risk profiles, guaranteeing a well-balanced and wholesome credit score portfolio.”
The technique continues to centre round sustained profitability, superior asset high quality, a resilient mortgage e book, and a strong retail legal responsibility portfolio. “We’re sharpening our organisational construction and leveraging digital know-how to successfully obtain our enterprise aims”, he mentioned.
Retail deposit grew by ₹14,938 crore from ₹1,09,368 crore to ₹1,24,306 crore, a rise of 14 per cent. NRI deposit grew by ₹4,139 crore from ₹32,293 crore to ₹36,432 crore. CASA grew by 14.61 per cent foundation with progress in Financial savings Financial institution by 16.51 per cent and Present Account by 6.95 per cent respectively.
Gross advances grew by ₹15,170 crore from ₹89,198 to ₹1,04,368 crore. Company Section grew by ₹4,594 crore from ₹37,110 crore to ₹41,704 crore. Gold Mortgage portfolio elevated by ₹7,484 crore from ₹17,446 crore to ₹24,930 crore.
Enterprise phase grew by ₹1,731 crore from ₹12,660 crore to ₹14,391 crore.
GNPA got here down by 177 bps from 3.15 to 1.38 per cent, whereas NNPA dropped by 42 bps from 0.68 to 0.26 per cent. The financial institution registered highest ever Internet Curiosity Earnings of ₹1,025 crore with a progress of 23.05 per cent on y-o-y foundation.
Printed on July 16, 2026
