CSB Bank Ltd's total deposits reduces QoQ to Rs. 18652.80 crores

CSB Bank Ltd has announced the provisional financial information for the period ended June 30, 2021. The bank reported total deposits of Rs. 18652.80 crores as of June 30, 2021, up 14.17% YoY from Rs. 16337.95 crores as of June 30, 2020 and dropped by 2.54% QoQ from Rs. 19140.04 crores as of March 31, 2021.

CASA stood at Rs. 6171.71 crores as of June 30, 2021 up 29.23% YoY form Rs. 4775.63 crores as of June 30, 2020 and marginally up QoQ from Rs. 6161.80 crores as of March 31, 2021. Term Deposits were higher 7.95% YoY from Rs. 11562.32 crores as of June 30, 2020 to Rs. 12481.10 crores as of June 30, 2021 and declined % QoQ from Rs. 12978.24 crores as of March 31, 2021.
Gross Advances were at Rs. 14146.00 crores as of June 30, 2021, up 23.71% YoY from Rs. 11434.65 crores as of June 30, 2020 and lower by 3.52% from Rs. 14663.12 crores as of March 31, 2021.

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Advances against Gold & Gold Jewellery increased 46.16% YoY from Rs. 3843.50 crores as of June 30, 2020 to Rs. 5617.68 crores as of June 30, 2021 and declined by 8.22% QoQ from Rs. 6121.27 crores as of March 31, 2021.

The above data is provisional and is subject to a limited review by the Statutory Auditors of the Bank.

Source : Equity Bulls

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