MoneyWorks4Me

CSB Bank logs 26% growth in gross advances in Q3FY25

02 Jan 2025 Evaluate

CSB Bank’s gross advances stood at Rs 28,914 crore (provisional) as of December 31, 2024 (Q3FY25), posting a 26.44% rise in year-on-year (YoY) terms against Rs 22,867 crore as of December 31, 2023. Total deposits grew 22.16% to Rs 33,406 crore (provisional) as of December 31, 2024, as compared to Rs 27,345 crore as of December 31, 2023.

Term Deposits stood at Rs 25,365 crore (provisional) as of December 31, 2024, posting a 28.09% rise in year-on-year terms against Rs 19,802 crore as of December 31, 2023. CASA stood at Rs 8,041 crore (provisional) as of December 31, 2024, posting a 6.60% rise in year-on-year terms against Rs 7,543 crore as of December 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.

Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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