CSB Bank trades in green as its gross advance logs 16.16% growth in first quarter of FY23
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CSB Bank is currently trading at Rs. 193.95, up by 2.65 points or 1.39% from its previous closing of Rs. 191.30 on the BSE.
The scrip opened at Rs. 194.55 and has touched a high and low of Rs. 195.25 and Rs. 192.55 respectively. So far 3174 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. 178.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 200.90 and Rs. 190.00 respectively. The current market cap of the company is Rs. 3354.35 crore.
The promoters holding in the company stood at 49.72%, while Institutions and Non-Institutions held 17.39% and 32.89% respectively.
CSB Bank’s gross advance stood at Rs 16,332.81 crore as of June 30, 2022 (Q1FY23), posting a 16.16% rise in year-on-year (YoY) terms against Rs 14,060.10 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 15,997.99 crore in March 2022. Term deposits grew 5.36% to Rs 13,149.64 crore as of June 30, 2022, as compared to Rs 12,481.10 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 13,393.13 crore as of March 2022.
CASA stood at Rs 7,117.14 crore as of June 30, 2022, posting a 15.32% rise in year-on-year (YoY) terms against Rs 6,171.71 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 6,795.17 crore in March 2022.
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.
