CSB Bank Limited - Key Business Update for Q4 FY2023-24

CSB Bank Limited has announced the business updates for the period ended March 31, 2024 i.e., Q4 FY2023-24.

Total Deposits for period ended March 31, 2024 was at Rs. 29,719 crores as against Rs. 27,345 crores as of December 31, 2023 and Rs. 24,506 crores as of March 31, 2023.

CASA was at Rs. 8,084 crores as of March 31, 2024 vs Rs. 7,543 crores as of December 31, 2023 and Rs. 7,886 crores as of March 31, 2023.

Term Deposits increased 30.17% YoY to Rs. 21,634 crores as of March 31, 2024 as against Rs. 19,802 crores as of December 31, 2023 and Rs. 16,620 crores as of March 31, 2023.

Advances against Gold & Gold Jewellery (Including receivables secured against gold) was at Rs. 11,817 crores as of March 31, 2024 as compared to Rs. 10,837 crores as of December 31, 2023 and Rs. 9,694 crores as of March 31, 2023.

Gross Advance increased 17.91% YoY to Rs. 24,574 crores as of March 31, 2024 as against Rs. 22,867 as of December 31, 2023 and Rs. 20,842 crores as of March 31, 2023.

The above data is provisional and is subject to audit by the Joint Statutory Auditors of the Bank.

Shares of CSB Bank Limited was last trading in BSE at Rs. 388.60 as compared to the previous close of Rs. 394.80. The total number of shares traded during the day was 16022 in over 871 trades.

The stock hit an intraday high of Rs. 398.35 and intraday low of 386.50. The net turnover during the day was Rs. 6258226.00.

Source : Equity Bulls

Keywords

CSBBank INE679A01013 Q4FY2024 BusinessUpdate