CSB Bank’s gross advances stood at Rs 24,574 crore (provisional) as of March 31, 2024 (Q4FY24), posting a 17.91% rise in year-on-year (YoY) terms against Rs 20,842 crore as of March 31, 2023. Total deposits grew 21.27% to Rs 29,719 crore (provisional) as of March 31, 2024, as compared to Rs 24,506 crore as of March 31, 2023.
CASA stood at Rs 8,084 crore (provisional) as of March 31, 2024, posting a 2.51% rise in year-on-year terms against Rs 7,886 crore as of March 31, 2023. Term Deposits stood at Rs 21,634 crore (provisional) as of March 31, 2024, posting a 30.17% rise in year-on-year terms against Rs 16,620 crore as of March 31, 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.