CSB Bank Limited — Updates, 24-10-2024: Press Release

CSB Bank reported strong financial results for Q2 and H1 FY 2025, with deposits rising 25% YoY to ₹31,840 Crore and net advances growing 20% YoY to ₹26,602 Crore, driven by a 28% increase in gold loans. Profit after tax increased 22% QoQ to ₹138 Crore, while operating profit rose 16% QoQ. The bank's capital adequacy ratio stands at a robust 22.74%, and gross non-performing assets improved slightly to 1.68%.