CSB Bank reports 12.63% rise in total deposits in Q2

07 Oct 2020 Evaluate

CSB Bank has reported 12.63% rise in total deposits to Rs 17468.73 crore (provisional) in Q2 September 2020 over Q2 September 2019. Out of the total deposits, CASA deposits grew 17.44% to Rs 5134.36 crore and term deposits rose 10.74% to Rs 12334.37 crore year-on-year (YoY) during the quarter.

Advances against gold & gold jewellery jumped 47.10% to Rs 4938.98 crore in Q2 September 2020 over Q2 September 2019. Gross advances were up 11.92% to Rs 12761.91 crore.

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

314.90 2.35 (0.75%)
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