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CSB Bank Surges: 22% Advance Growth, 18% Deposit Rise in Q2
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CNBC TV18•01-10-2026, 23:43
CSB Bank Surges: 22% Advance Growth, 18% Deposit Rise in Q2
- •CSB Bank reported robust business growth for the quarter ended September 30, 2026, with double-digit increases in gross advances and deposits.
- •Total deposits at CSB Bank climbed 18% year-on-year to ₹46,889 crore, up from ₹39,651 crore a year ago.
- •Term deposits saw a significant 22% growth, reaching ₹38,000 crore, while CASA deposits increased by 6% to ₹8,889 crore.
- •Gross advances at the bank expanded by 22% year-on-year, totaling ₹42,373 crore, compared to ₹34,712 crore in the same quarter last year.
- •The bank's core gold loan business demonstrated strong momentum, with advances against gold and gold jewellery surging 36% year-on-year to ₹22,301 crore.
Key Questions Answered
For the quarter ended September 30, 2026, CSB Bank reported an 18% year-on-year increase in total deposits to ₹46,889 crore and a 22% growth in gross advances to ₹42,373 crore.
Advances against gold and gold jewellery saw a sharp 36% year-on-year surge, reaching ₹22,301 crore compared to ₹16,456 crore in the corresponding period last year.
Following the exchange filing detailing the quarterly business performance, CSB Bank's stock settled at ₹305 per share, declining by 1.85% on the BSE.
