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CSB Bank reports 72% rise in Q2 net profit

26 Oct 2021 Evaluate

CSB Bank has reported results for second quarter ended September 30, 2021.

The bank has reported 72.09% rise in its net profit of Rs 118.57 crore for the quarter under review as against net profit of Rs 68.90 crore for the same quarter in the previous year. Total income of the bank increased by 8.15% at Rs 555.64 crore for Q2FY21 as compared Rs 513.77 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the July- September quarter of the current fiscal increased to 4.11%, as compared to 3.04% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.63% in Q2FY21.

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