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Thrissur (Kerala), headquartered CSB Bank recorded a 21 per cent year-on-year (YoY) increase in total deposits and a 27 per cent YoY rise in gross advances, as per its business updates for the year ended March 31, 2021.
As of March-end 2021, total deposits and gross advances stood at ₹19,140 crore (₹15,791 crore as at March-end 2020) and ₹14,645 crore (₹11,559 crore), respectively, the bank said in a disclosure to the exchanges.
Within total deposits, low-cost current account and savings deposits (CASA) were up 34 per cent YoY to ₹6,162 crore, and term deposits increased by 16 per cent YoY to ₹12,978 crore.
Advances against gold & gold jewellery soared 61.51 per cent YoY to ₹6,121 crore within gross advances.
The private sector bank said data in the business updates is provisional and is subject to audit by the Statutory Auditors.
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