CSB Bank’s gross advances stood at Rs 21,306.68 crore (provisional) as of June 30, 2023 (Q1FY24), posting a 30.40% rise in year-on-year (YoY) terms against Rs 16,339.01 crore as of June 30, 2022 and in quarter-on-quarter (QoQ) basis stood at Rs 20,841.66 crore as of March 2023. Term deposits grew 28.78% to Rs 16,927.45 crore (provisional) as of June 30, 2023, as compared to Rs 13,144.90 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 16,619.55 crore as of March 2023.
Its total deposits stood at Rs 24,475.52 crore (provisional) as of June 30, 2023, posting a 20.77% rise in year-on-year (YoY) terms as against Rs 20,266.77 crore as of June 30, 2022 and on quarter-on-quarter (QoQ) basis, term deposits stood at Rs 24,505.81 crore as of March 2023.
CASA stood at Rs 7,548.08 crore (provisional) as of June 30, 2023, posting a 5.98% rise in year-on-year (YoY) terms against Rs 7,121.88 crore as of June 30, 2022 and in quarter-on-quarter (QoQ) basis stood at Rs 7,886.26 crore as of March 2023.
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.
