Comments
Deposits up 5 pc yoy in the reporting quarter
Mumbai, April 02
CSB Bank reported a 9.10 per cent year-on-year (yoy) increase in gross advances in the fourth quarter ended March 31, 2022.
As at March-end 2022, the private sector bank’s gross advances rose to ₹15,998.02 crore from Rs ₹14,663.12 crore, according to the Thrissur (Kerala) headquartered Bank’s business update.
Within gross advances, advances against Gold & Gold Jewellery (including receivables secured against gold) was up 7.20 per cent yoy at ₹6,561.83 crore as at March-end 2022 ( ₹6,121.27 crore as at March-end 2021).
The proportion of advances against Gold & Gold Jewellery in gross advances increased to 41.01 per cent as at March-end 2022 against 39.23 per cent as at December-end 2021.
Total deposits rose by 5.48 per cent yoy to ₹20,188.30 crore from ₹19,140.04 crore.
Current account, savings account (CASA) deposits increased to 33.66 per cent of total deposits from 32.19 per cent.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.