CSB Bank logs over 12% yoy growth in advances during Q2, deposits up 9% yoy; Stock rises 14.5% so far today

The Bank posted advances against gold and gold jewellery was at Rs5,441.44cr in Q2FY22 up 10.17% yoy.

Oct 04, 2021 11:10 IST India Infoline News Service

CSB Bank
CSB Bank posted provisional deposits of Rs19,061.62cr for the quarter ending September 2021 (Q2FY22), rising by 9.12% yoy.

Of the total deposits, the Bank recorded CASA of Rs6,214.11cr in Q2FY22 surged 21.04% yoy. While term deposits of Rs12,847.51cr were witnessed in the quarter under review growing by 4.16% yoy.

Furthermore, CSB Bank logged advances of Rs14,304.14cr for the latest quarter of FY22, rising by 12.09% yoy.

The Bank posted advances against gold and gold jewellery was at Rs5,441.44cr in Q2FY22 up 10.17% yoy.

At around 11.05 am, CSB Bank was trading at Rs319.20 per piece up by 2.9% on Sensex.

The stock has skyrocketed by at least 14.5% with an intraday high of  Rs355 per piece in the early deals on Sensex. 

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