CSB Bank’s deposits grew 7.34% to Rs 19056.01 crore as of December 31, 2021 (Q3FY22), as compared to Rs 17752.98 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 19055.49 crore as of September 2021. Gross Advance stood at Rs 14827.10 crore as of December 31, 2021, posting a 11.55% rise in year-on-year (YoY) terms against Rs 13291.39 crore as of December 31, 2020 and in quarter-on-quarter (QoQ) basis stood at Rs 14287.74 crore in September 2021.
Term Deposits stood at Rs 12468.82 crore as of December 31, 2021, posting a 0.88% rise in year-on-year (YoY) terms against Rs 12360.01 crore as of December 31, 2020. The CASA was up 22.14% to Rs 6587.91 crore against Rs 5392.96 crore YoY.
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.
