CSB Bank trades higher as its deposits up 5% in Q4FY22
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CSB Bank is currently trading at Rs. 219.55, up by 3.10 points or 1.43% from its previous closing of Rs. 216.45 on the BSE.
The scrip opened at Rs. 218.90 and has touched a high and low of Rs. 223.35 and Rs. 217.90 respectively. So far 25650 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 372.95 on 05-Jul-2021 and a 52 week low of Rs. 201.30 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 226.40 and Rs. 209.45 respectively. The current market cap of the company is Rs. 3838.37 crore.
The promoters holding in the company stood at 49.72%, while Institutions and Non-Institutions held 17.95% and 32.33% respectively.
CSB Bank’s deposits grew 5.48% to Rs 20188.30 crore as of March 31, 2022 (Q4FY22), as compared to Rs 19140.04 crore on a yearly basis. Gross Advance stood at Rs 15998.02 crore as of March 31, 2022, posting a 9.10% rise in year-on-year (YoY) terms against Rs 14663.12 crore as of March 31, 2021.
Term Deposits stood at Rs 13393.13 crore as of March 31, 2022, posting a 3.20% rise in year-on-year (YoY) terms against Rs 12978.24 crore as of March 31, 2021. The CASA was up 10.28% to Rs 6795.17 crore against Rs 6161.80 crore YoY.
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.
