CSB Bank Limited — Important, 01-01-2025: Updates

CSB Bank Limited has shared its business update for the quarter ended December 31, 2024. Key figures highlight a total deposit increase to ₹33,406 crore, representing a year-on-year growth of 22.17%. Within this, CASA deposits rose to ₹8,041 crore, reflecting a 6.60% increase, while term deposits surged by 28.10% to ₹25,365 crore. Gross advances grew to ₹28,914 crore, marking a 26.45% rise compared to the same period last year. Noteworthy is the continued strong performance in advances against gold and jewellery, which reached ₹13,018 crore, up 36.28% year-on-year. Overall, these figures suggest a robust financial position and underline a positive outlook for potential growth in the coming quarters.