Thrissur-based CSB Bank Ltd reported robust deposit growth in the first quarter of FY27, with total deposits rising 26% year-on-year to ₹45,415 crore as of June 30, 2026. According to reports from CNBC TV18, term deposits demonstrated particularly strong momentum with a 33% year-on-year increase to ₹36,600 crore, while CASA deposits grew modestly by 4% to ₹8,815 crore. The figures represent provisional data subject to limited review by the bank's joint statutory auditors.
The bank's advances portfolio showed healthy expansion with gross advances growing 24% year-on-year to ₹40,866 crore, compared with ₹32,944 crore in the same period last year. As reported by CNBC TV18, advances against gold and gold jewellery emerged as a key growth driver, increasing 47% year-on-year to ₹21,906 crore, excluding receivables secured against gold. On a sequential basis, total deposits stood at ₹45,415 crore versus ₹44,246 crore in the previous quarter, while gross advances rose from ₹40,359 crore to ₹40,866 crore.
In May 2026, CSB Bank's MD and CEO Pralay Mondal outlined the bank's strategic focus on rebalancing its loan mix, with a clear plan to reduce dependence on gold loans to below 30% by 2030. According to CNBC TV18, growth will be driven by wholesale and retail expansion, and a calibrated recovery in SME lending, supported by new product launches and a stronger liability franchise. The bank aims to deliver a more diversified and resilient balance sheet over the medium term through disciplined growth and strong provisioning buffers.
For the January-March quarter of 2026 (Q4FY26), CSB Bank reported steady growth in core income despite moderated operating performance. As reported by CNBC TV18, net interest income rose 25% year-on-year to ₹464 crore from ₹371 crore, while profit after tax increased 6% to ₹202 crore compared to ₹190 crore in the same period last year. However, pre-provision operating profit declined 7% to ₹294 crore from ₹317 crore. Shares of CSB Bank Ltd ended at ₹351.10, up by ₹13.75, or 4.08% on the BSE following the quarterly results announcement.
