CSB Bank gains on opening new branch in Bangalore
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CSB Bank is currently trading at Rs. 238.00, up by 0.85 points or 0.36% from its previous closing of Rs. 237.15 on the BSE.
The scrip opened at Rs. 241.50 and has touched a high and low of Rs. 241.50 and Rs. 237.35 respectively. So far 3927 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 279.75 on 08-Mar-2021 and a 52 week low of Rs. 99.10 on 26-Mar-2020.
Last one week high and low of the scrip stood at Rs. 253.75 and Rs. 234.55 respectively. The current market cap of the company is Rs. 4136.92 crore.
The promoters holding in the company stood at 49.74%, while Institutions and Non-Institutions held 13.17% and 37.09% respectively.
With the opening of the branch at Rajarajeswara Nagar, Bangalore, Karnataka, CSB Bank has crossed the 500 branches’ mark. This is the 89th branch opened during the current financial year, which is in line with the branch expansion plan of the Bank.
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.
