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CSB Bank LimitedInvestor Meet, 31-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

31-10-2024 · 04:23 pm

CSB Bank Limited's Q2 FY2025 earnings call revealed a net profit increase of 22% QoQ and 4% YoY, totaling Rs 138 crores. Deposit growth surged by 25% YoY, and net advances rose by 20% YoY. The NIM held steady at 4.3%, while GNPA and NNPA remained stable at 1.68% and 0.69%, respectively. The bank anticipates a recovery in NIM and improved asset quality in the coming quarters, supported by ongoing technology enhancements and a conservative provisioning approach.

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