South Indian Bank Reports 9.5% Q3 Profit Growth with Improved Asset Quality

South Indian Bank reported a 9.5% year-on-year rise in Q3 FY26 net profit to Rs 374 crore, driven by growth in non-interest income and retail loans. Net interest income increased marginally, while operating profit rose 10.5%. The bank's asset quality improved significantly, with gross NPAs declining to 2.67% and net NPAs to 0.45%. Advances grew 11.3%, supported by strong corporate, gold, and vehicle loan segments. CASA deposits increased nearly 15%, and the capital adequacy ratio stood at 17.84%.