South Indian Bank’s total deposits stood at Rs 82,710 crore as of March-end 2021, slightly down from Rs 83,034 crore a year ago, data showed on Friday.
Of this, the retail deposits were up by 15 per cent at Rs 76,294 crore as against Rs 66,457 crore, as per the provisional data, released by the bank to comply with the Sebi norms on disclosure requirements and fair practices.
Bulk deposits, however, plunged 55 per cent year-on-year to Rs 4,853 crore at March-end 2021.
Current account and savings account (CASA) deposits were up by 18 per cent to Rs 24,590 crore as of March 2021. The gross advances fell 8 per cent to Rs 60,385 crore, of which corporate advances degrew by 21 per cent to Rs 14,800 crore as of March 2021.