Indian banks YES Bank and South Indian Bank report Q2 growth

Indian private lenders YES Bank and South Indian Bank reported significant year-on-year growth in their second-quarter business parameters for FY2026.

YES Bank reported that loans and advances increased by 23.8% YoY to ₹3,09,675 crore as of September 30, 2026. Total deposits for the bank rose 19.5% YoY to ₹3,54,084 crore. The bank's Current Account and Savings Account (CASA) deposits grew 6.6% from a year ago to ₹1,06,255 crore, resulting in a CASA ratio of 30%.

South Indian Bank saw its advances grow 18.67% YoY to ₹1.09 lakh crore, while total deposits increased 18.7% to ₹1.37 lakh crore. The bank's CASA deposits rose 17.56% YoY to ₹43,310 crore, with a CASA ratio of 32.12%.