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CSB Bank Limited

5 articles
CSB Bank's recent financial performance demonstrates accelerating growth and improving asset quality, driven by strong loan and deposit expansion. Second-quarter profit after tax rose 14% year-over-year to ₹183 crore, supported by a 20% increase in net interest income and a 10.6% rise in total income. The bank's asset quality continues to strengthen, with both gross and net non-performing asset ratios declining significantly, and capital adequacy remains robust at 19.55%. Furthermore, CSB Bank received regulatory approval for ICICI Prudential AMC to acquire a stake of up to 9.95%, signaling continued investor confidence and positioning the bank for further growth under its SBS 2030 strategy.