South Indian Bank aims 16% loan growth in FY27 amid West Asia war risks ...Middle East

Private sector lender South Indian Bank is aiming for a 15-16 per cent credit growth in FY27, driven by the retail, agriculture and MSME (RAM) advances, a top official said on Friday. The RAM advances, which constitute 61 per cent of the book, are targeted to grow at a higher level of 17-18 per cent by the bank. "Our festive-season growth strategy is focused on the RAM segment, particularly retail lending and gold loans. I expect South Indian Bank's overall advances to grow by around 15-16 per cent, with the RAM segment growing slightly faster, at around 17-18 per cent," said Mahesh Muralidhar Pai, managing director and chief executive officer of South Indian Bank, in an interaction with PTI. In the latest July-September quarter, the bank's gross advances increased by 18.67 per cent year-on-year to Rs 1,09,517 crore, up from Rs 92,286 crore in the year-ago period. Pai said the projection is "cautious" because the ongoing conflict in the Middle East is a key risk. "If the war conti

Hence then, the article about south indian bank aims 16 loan growth in fy27 amid west asia war risks was published today ( Friday 16/10/2026 - 01:29 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( South Indian Bank aims 16% loan growth in FY27 amid West Asia war risks )

Also on site :

• FF EAI Robotics (FFR) and FF Jointly Launch FF Nova, First Embodied AI Humanoid Robot Priced Below $2,500 in U.S., FF Nova Mini, Physical AI Spark Program Curriculum, Nova Reinforcement Learning Developer Program and Developer Community Rec
• LITEON Showcases at NVIDIA MGX Ecosystem at OCP, Highlighting 800 VDC Power Technologies to Advance Next-Generation AI Infrastructure
• Phoenix Tower International Celebrates 2026 Great Place To Work® Certification Across 15 Markets