CSB Bank sees 5.48% yoy growth in total deposits for FY22; stock zooms ~2%

4 Apr 2022 , 01:49 PM

CSB Bank has informed exchanges and investors of provisional data for the financial year ended March 31, 2022.

The company has reported total deposits (provisional) of Rs20,188.30 crore for the current period ended March 2022, registering a growth of 5.48% yoy, against Rs19,140.04 crore for the period ended March 2021.

Out of total deposits, CASA deposits stood at Rs6,795.17 crore for the financial year 2021-22 as against Rs6,161.80 crore for the previous financial year, up by 10.28% yoy.

It reported Gross Advances of Rs15,998.02 crore for the current financial year as compared to 14,663.12 crore in the previous financial year, registering a provisional growth of 9.10% yoy.

CSB Bank’s stock jumped 1.64% in today’s trade at Rs220 against its previous close of Rs216.45 on BSE. It touched intraday high and low of Rs223.25 and Rs217.90 respectively.