MUMBAI: Indian Financial institution, South Indian Financial institution, and Karur Vysya Financial institution have seen improved progress in advances within the second quarter of this yr, reflecting the affect of the 100-basis-point lower in coverage charges, disclosures by the respective banks present.
Indian Financial institution’s advances rose 13% on a year-on-year foundation, the best quarterly progress because the first quarter of FY24. Its deposits additionally rose 12%, the best because the second quarter of FY23.
Its provisional advances stood at Rs 6.22 lakh crore, whereas deposits had been Rs 7.76 lakh crore for the quarter ending September 2025.
South Indian Financial institution’s advances rose 9% to ?92,287 crore, whereas deposits rose 9.7% to Rs 1.15 lakh crore.
Karur Vysya Financial institution reported 15.5% progress in advances to Rs 92,719 crore whereas deposits rose 15.3% to Rs 1.10 lakh crore in the identical interval.