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South Indian Bank raises FY26 credit growth guidance to 13%
Financial Express Kochi
|May 20, 2025
SOUTH INDIAN BANK has revised its credit growth guidance upward by 400 basis points to 13% for the current financial year, following a robust growth in its retail and MSME books in FY25.
"Our gross advances grew 9% year-on-year to ₹87,578.52 crore in FY25. We want to be in the 13% range this year. That's where we see ourselves going forward," PR Seshadri, MD & CEO, told FE.
Corporate advances of the Thrissur-based bank rose 13% year-on-year to ₹36,198 crore in FY25 while housing loans surged 55% to ₹7,877 crore.
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FLERE HISTORIER FRA Financial Express Kochi
Financial Express Kochi
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