CSB Bank reports 7% Y-o-Y rise in total deposits in Q1

22 Jul 2020 Evaluate

CSB Bank has reported 7.51% rise in total deposits to Rs 16337.95 crore (provisional) in Q1 June 2020 over Q1 June 2019. Out of the total deposits, CASA deposits grew 11.79% to Rs 4775.63 crore and term deposits rose 5.83% to Rs 11562.32 crore year-on-year (YoY) during the quarter.

Advances against gold & gold jewellery jumped 28.32% to Rs 3843.50 crore in Q1June 2020 over Q1 June 2019. Gross advances were up 4.88% to Rs 11434.65 crore. Liquidity coverage ratio stood at 230.03% as compared to 223.11% during the same period last year.

Catholic Syrian Bank (CSB Bank) is one of the oldest private sector banks in India. Under its SME banking business, the bank caters to financial institutions, agriculture and allied businesses, and vendors and dealers of corporates.

CSB Bank Share Price

314.80 2.25 (0.72%)
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