CSB Bank Limited — Investor Meet, 03-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

CSB Bank's Q3 FY26 saw Net Profit flat YoY at INR153 Cr, but Operating Profit jumped 32% to INR292 Cr, and NII grew 21% to INR453 Cr. NIM hit a fiscal high of 3.86%. Deposits (21% YoY) and advances (29% YoY) significantly outpaced industry, led by gold loan and wholesale banking. GNPA rose slightly to 1.96% (NNPA 0.67%) from ~INR197 Cr SME slippages. Management expressed confidence in normalization via upgrades (INR30 Cr already completed), viewing Q3 as peak credit costs. Strategic focus: diversification, tech-driven expansion. Targets 1.5% RoA, 15%+ RoE for FY27, aiming for 25-30% gold loan mix by 2030. Management is positive on future performance.