CSB Bank’s deposits grew 9.12% to Rs 19061.62 crore as of September 30, 2021 (Q2FY22), as compared to Rs 17468.44 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 18652.80 crore as of June 2021. Gross Advance stood at Rs 14304.14 crore as of September 30, 2021, posting a 12.09% rise in year-on-year (YoY) terms against Rs 12761.80 crore as of September 30, 2020 and in quarter-on-quarter (QoQ) basis stood at Rs 14060.10 crore in June 2021.
Term Deposits stood at Rs 12847.51 crore as of September 30, 2021, posting a 4.16% rise in year-on-year (YoY) terms against Rs 12334.38 crore as of September 30, 2020. The CASA was up 54.3% to Rs 6214.11 crore against Rs 5134.06 crore YoY and up 21.04% from Rs 6171.71 crore QoQ.
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.
