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CSB Bank Q1 PAT climbs 14% to Rs 61 cr
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CSB Bank s Q1 net rises 14% y-o-y to ₹61 crore - The Hindu BusinessLine
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CSB Bank Q1 net up 13%, gold loan NPAs rise
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CSB Bank said that its total deposits increased 14.17% to Rs 18,652.80 crore as on 30 June 2021 from Rs 16,337.95 crore as on 30 June 2020.
Of this, CASA deposits were at Rs 6,171.71 crore (up 29.23% YoY) while term deposits were at Rs 12,481.10 crore (up 7.95% YoY) as on 30 June 2020.
Gross advances increased 23.71% to Rs 14,146 crore as on 30 June 2021 as against 11,434.65 crore as on 30 June 2020.
Advances against Gold & Gold Jewellery, accounting for 39.71% of the gross advances, aggregated to Rs 5,617.68 crore (up 46.16% YoY) as on 30 June 2021.
CSB Bank has a strong base in Kerala along with significant presence in Tamil Nadu, Karnataka, and Maharashtra. It offers a wide range of products and services to overall customer base of 1.6 million, with particular focus on SME, retail, and NRI customers.