CSBBANK

Rewrites to add details about peers, context, background and share movements

Jan 5 (Reuters) - Indian lenders such as HDFC Bank HDBK.NS and Bank of Baroda BOB.NS logged improved loan growth in the December quarter, data showed, signalling a rebound in demand for credit in the world's fastest-growing major economy.

Loan growth had slowed sharply in mid-2025 due, in part, to stricter regulations, but recovered strongly since then, with analysts citing festive period spending and the government's consumption tax cuts among factors pushing up growth.

Growth in bank credit decelerated to 9.9% on-year in the quarter ended June, data from central bank reports showed, from 11.1% in the quarter ended March. It grew 11.5% year-on-year in November, the latest monthly data available.

"Overall systemic credit growth is showing signs of improvement, at 11.4% year-on-year now from a low of about 9% in May 2025," said brokerage Emkay in a note.

Within retail credit, secured gold loans and vehicle financing are emerging as key growth engines for now, Emkay added.

India's Nifty Bank index .NSEBANK rose 0.13% on Monday, against muted broader markets. The index has gained more than 10% since October, compared to a 7% rise in the benchmark Nifty 50.

Gross loans at HDFC Bank, India's top private lender, rose 11.9% on-year in the December quarter, outpacing growth of 9.9% and 6.7% in quarters ended September and June, respectively.

The bank merged with its parent HDFC in July 2023, adding a significant pool of loans but a smaller volume of deposits. This created pressure for the lender to either raise deposits or ease loan growth.

State-run Bank of Baroda (BOB) posted a 14.6% on-year rise in global advances as of December quarter-end, faster than the 11.9% rise as of September quarter-end. It had logged a 12.6% growth at the end of the June quarter.

Smaller peers CSB Bank CSBB.NS reported a 29% on-year increase in gross advances in the reported quarter, while AU Small Finance Bank's AUFI.NS loans were up 24% in the same period.

Other marquee names such as ICICI Bank ICBK.NS, Axis Bank AXBK.NS and State Bank of India SBI.NS are yet to report numbers.

Loan growth has risen, but deposit growth has not kept pace, analysts pointed out.

"Loan growth and deposit growth gap is widening again... and loan-to-deposit ratio (LDR) at 81.6% is now at an all-time high," said Macquarie Research.

($1 = 89.9940 Indian rupees)

(Reporting by Hritam Mukherjee, Meenakshi Maidas and Nishit Navin; Editing by Sherry Jacob-Phillips and Janane Venkatraman)

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Jan 2 (Reuters) - CSB Bank Ltd CSBB.NS:

• TOTAL DEPOSITS AT 404.60 BILLION RUPEES AS OF DEC 31, 2025, UP 21% YOY

• GROSS ADVANCES AS OF DEC 31, 2025 AT 372.08 BILLION RUPEES, UP 29% YOY

Source text: ID:nBSE6YmLsH

Further company coverage: CSBB.NS

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Dec 29 (Reuters) - CSB Bank Ltd CSBB.NS:

• PENALIZED 4.3 MILLION RUPEES BY CGST AUTHORITY

Source text: ID:nNSEyMTwK

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Aug 13 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK JUNE-QUARTER NET PROFIT 1.19 BILLION RUPEES

• CSB BANK JUNE-QUARTER INTEREST EARNED 10.41 BILLION RUPEES

• CSB BANK JUNE-QUARTER GROSS NPA 1.84%

• CSB BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 607.9 MILLION RUPEES

Source text: [ID:]

Further company coverage: CSBB.NS

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** Shares of CSB Bank CSBB.NS rise 2% to 400 rupees

** The lender's provisional total deposits up 20% Y/Y, as of June 30, while gross advances rose 32% Y/Y

** Analysts' avg. rating on stock is "buy", median PT is 400 rupees - according to data compiled by LSEG

** Stock up ~27%, YTD

(Reporting by Rudra Pratap Singh in Bengaluru)

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May 9 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK LTD - RBI APPROVES APPOINTMENT OF BISWAMOHAN MAHAPATRA AS PART-TIME CHAIRMAN

Source text: ID:nBSEMLvC0

Further company coverage: CSBB.NS

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** Shares of Fairfax-owned CSB Bank CSBB.NS climb 2.8% to 309.55 rupees after Q4 business update

** Private sector bank says its deposits grew 24% as of March 31, while gross advances climbed about 30%

** Over 567,000 shares traded, 3.5x the 30-day avg volume

** Stock fell 15% in the previous fiscal year to March 31

(Reporting by Nandan Mandayam in Bengaluru)

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April 1 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK LTD - TOTAL DEPOSITS AS OF MARCH 31 UP 24.03% YOY

Source text: ID:nNSE4frbkc

Further company coverage: CSBB.NS

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** Shares of CSB Bank CSBB.NS rise 4.3% to 327.40 rupees

** Bank's gross advance rose 26.5% y/y in the December quarter, total deposits increased 22.2% y/y

** Trading vols at 1.3 mln shares, nearly 4x 30-day average

** Stock fell 25.2% in 2024 after jumping 76.1% in the previous year

(Reporting by Vijay Malkar)

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Jan 1 (Reuters) - CSB Bank Ltd CSBB.NS:

• GROSS ADVANCE UP 26.45% YOY AS OF DEC-END

• TOTAL DEPOSITS UP 22.17% YOY AS OF DEC-END

Source text: ID:nBSE9PpMK9

Further company coverage: CSBB.NS

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Oct 24 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK SEPT-QUARTER NET PROFIT 1.38 BILLION RUPEES

• CSB BANK SEPT-QUARTER GROSS NPA 1.68%

• CSB BANK SEPT-QUARTER INTEREST EARNED 8.65 BILLION RUPEES

• CSB BANK SEPT-QUARTER NET NPA 0.69%

• CSB BANK SEPT-QUARTER PROVISIONS & CONTINGENCIES 139.1 MILLION RUPEES

Source text for Eikon: ID:nBSE6zPT02

Further company coverage: CSBB.NS

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Aug 29 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK - GOT TAX ORDER FOR PENALTY OF 68.9 MILLION RUPEES

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July 29 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK JUNE-QUARTER NET PROFIT 1.13 BILLION RUPEES

• CSB BANK JUNE-QUARTER GROSS NPA 1.69%

• CSB BANK JUNE-QUARTER INTEREST EARNED 8.32 BILLION RUPEES

• CSB BANK JUNE-QUARTER NET NPA 0.68%

• CSB BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 200.6 MILLION RUPEES

Source text for Eikon: ID:nBSE88tbn7

Further company coverage: CSBB.NS

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July 1 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK - PROVISIONAL TOTAL DEPOSITS FOR QUARTER-ENDED JUNE UP 22.24% Y/Y

• CSB BANK LTD - PROVISIONAL GROSS ADVANCES UP 17.8% Y/Y FOR QUARTER ENDED JUNE 30

Source text for Eikon: ID:nBSEccHjtw

Further company coverage: CSBB.NS

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** Shares of CSB Bank Ltd CSBB.NS up 4.1% at 370.60 rupees

** CSBB's top shareholder Fairfax via FIH Mauritius Investments sells 9.7% stake in private bank in 5.9 billion rupees deal; stake drops to 40%

** In November, India cenbank asked FIH to reduce shareholding to 26% over 15 years; stake sale moves FIH closer to compliance

** Stock rose as much as 7.5% earlier in the day

** Around 1.5 mln shares traded, ~5x the 30-day volume

** CSBB trims YTD losses to 11.4% but trails private bank stocks' .NIFPVTBNK ~10% rise so far this year

(Reporting by Nandan Mandayam in Bengaluru)

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** Shares of CSB Bank CSBB.NS down 5.2% at 383.7 rupees

** Co's March-qtr net profit fell 3.2% YoY

** Shares were down 0.8% ahead of the results

** Stock set for worst day since March 13, if trend holds

** Stock down 8.3% YTD after rising 76.1% in 2023

(Reporting by Varun Vyas in Bengaluru)

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** Shares of CSB Bank CSBB.NS rise 3.3% to 379.6 rupees

** Lender on Monday said its gross advances for the quarter ended March grew 17.9% y/y, while total deposits rose 21.3%

** Stock on track to rise for a seventh straight session, if gains hold; CSBB declined in Q4, snapping a six-quarter winning streak

** Stock has fallen about 8% so far this year, peers South Indian Bank SIBK.NS and Karur Vysya Bank KARU.NS lost 2.9% and 0.3%, respectively, during this period

(Reporting by Yagnoseni Das in Bengaluru)

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Feb 29 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK LTD - ONE YEAR MCLR CHANGED TO 10.40% FROM 10.50% WITH EFFECT FROM MARCH 1

Source text for Eikon: ID:nBSE3fq6MP

Further company coverage: CSBB.NS

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Jan 29 (Reuters) - CSB Bank Ltd CSBB.NS:

• Q3 NET PROFIT 1.5 BILLION RUPEES VERSUS 1.56 BILLION RUPEES

• Q3 GROSS NPA 1.22% VERSUS 1.27% PREV QUARTER

• Q3 INTEREST EARNED 7.62 BILLION RUPEES VERSUS 5.92 BILLION RUPEES

• Q3 PROVISIONS & CONTINGENCIES WRITE-BACK 45.4 MILLION RUPEES VERSUS PROVISION WRITE-BACK OF 149.6 MILLION RUPEES YEAR AGO

• Q3 PROVISIONS FOR NPA 42.8 MILLION RUPEES VERSUS 47.9 MILLION RUPEES YEAR AGO

• Q3 NET NPA 0.31% VERSUS 0.33% PREV QUARTER

Further company coverage: CSBB.NS

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Jan 2 (Reuters) - CSB Bank Ltd CSBB.NS:

• PROVISIONAL GROSS ADVANCE UP 22.6% YOY AS OF DEC 31

• PROVISIONAL TOTAL DEPOSITS AS OF DEC 31, UP 20.65% YOY

Source text for Eikon: ID:nBSE6Rf9VJ

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BENGALURU, Nov 30 (Reuters) - The promoter of India's CSB Bank CSBB.NS has received approval from the Reserve Bank of India to retain a 26% stake in the lender, instead of 15% as advised by the central bank earlier, CSB said on Thursday.

FIH Mauritius Investments Ltd (FIHM), which currently holds a 49.72% stake in the Thrissur, Kerala-based bank according to BSE data, shall bring down its shareholding within 15 years from the date of completion of investments.

The RBI earlier required promoters of banks to reduce their shareholding to 15% to ensure these institutions are widely held.

However, following a legal battle with Uday Kotak, the promoter of Kotak Mahindra Bank KTKM.NS, the regulator permitted promoters to retain up to 26% in banks.

Among others, IndusInd Bank's INBK.NS promoters have benefited from the rule change, after they were given regulatory approval earlier in the year to raise their stake to 26% in the bank.

(Reporting by Meenakshi Maidas in Bengaluru; Editing by Tasim Zahid)

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Nov 28 (Reuters) - CSB Bank Ltd CSBB.NS:

• REVISED ONE YEAR MCLR TO 10.40% FROM 10.30%, EFFECTIVE DEC 1

Source text for Eikon: ID:nBSE4B6W7d

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MUMBAI, Nov 16 (Reuters) - The Indian government does not expect to conclude the sale of IDBI Bank IDBI.NS by the end of the financial year on March 31, 2024, a top finance ministry official told reporters.

The federal government, which owns 45.48% of IDBI Bank, and state-owned Life Insurance Corp of India LIFI.NS, which holds 49.24%, together plan to sell 60.7% of the lender.

Kotak Mahindra Bank KTKM.NS, Canadian billionaire Prem Watsa-backed CSB Bank CSBB.NS and Emirates NBD ENBD.DU have submitted initial bids for a majority stake in IDBI Bank and the Reserve Bank of India (RBI) has been vetting bidders since April.

"We practically don't think that before March we can conclude (the sale of IDBI Bank)," said Tuhin Kanta Pandey, the secretary of the Department of Investment and Public Asset Management.

Pandey added that the RBI was still conducting the vetting process. The government had previously expected that process to be completed by the end of October, raising market hopes that the sale could close by the end of March.

The sale of a majority stake in IDBI Bank has been seen as a first step towards privatising other state-run banks, and delaying the deal means the government will likely miss its divestment target of 510 billion rupees by a bigger margin.

Since the beginning of the current fiscal year in April, India has raised only 80 billion rupees by selling stakes in state-run firms.

Such sales are a key revenue raising measure that have helped Prime Minister Narendra Modi's government spend record sums on building infrastructure. But recently, the process has slowed as the government's focus has shifted towards national elections due next summer.

(Reporting by Jayshree P Upadhyay
Editing by Mark Potter)

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Oct 31 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK LTD - ENTERED INTO AN AGREEMENT WITH ORACLE FINANCIAL SERVICES SOFTWARE

• CSB BANK LTD - AGREEMENT FOR PROCUREMENT OF NEW CORE BANKING SOLUTION

Source text for Eikon: ID:nBSE1vqFHL

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Oct 20 (Reuters) - CSB Bank Ltd CSBB.NS:

• INDIA'S CSB BANK Q2 NET PROFIT 1.33 BILLION RUPEES VERSUS 1.21 BILLION RUPEES

• CSB BANK Q2 GROSS NPA 1.27% VERSUS 1.27% PREV QUARTER

• CSB BANK Q2 NET NPA 0.33% VERSUS 0.32% PREV QUARTER

• CSB BANK Q2 INTEREST EARNED 6.87 BILLION RUPEES VERSUS 5.55 BILLION RUPEES

• CSB BANK Q2 PROVISIONS & CONTINGENCIES WRITE-BACK OF 33.3 MILLION RUPEES VERSUS PROVISION WRITE-BACK OF 37.3 MILLION RUPEES YEAR AGO

• CSB BANK Q2 PROVISIONS FOR NPA 105.8 MILLION RUPEES VERSUS 68.2 MILLION RUPEES YEAR AGO

Source text for Eikon: ID:nBSET0LfP

Further company coverage: CSBB.NS

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By Nikunj Ohri

NEW DELHI, Oct 12 (Reuters) - India's central bank is expected to accelerate a key process of vetting IDBI Bank's IDBI.NS potential buyers and complete it by October end, helping speed up the sale of a majority stake in the lender, two government sources said.

The federal government, which owns 45.48% of IDBI Bank, and the state-owned Life Insurance Corp of India LIFI.NS, which holds 49.24%, together plan to sell 60.7% of the lender.

The Reserve Bank of India (RBI) began the vetting process known as 'fit and proper criteria' in April, after Kotak Mahindra Bank KTKM.NS, the Prem Watsa-backed CSB Bank CSBB.NS and Emirates NBD ENBD.DU submitted their initial bid to acquire a majority stake in IDBI Bank.

The RBI normally takes about 12-18 months to complete the assessment before allowing an entity to run a bank.

"In discussions with the government, the RBI has conveyed that the fit and proper assessment would be complete by month-end," said one of the two government officials, who did not want to be named.

Completing the vetting process early could allow the government to invite bids in January-March, targeting a wrap-up of the sale by the end of March, both the officials said.

India's finance ministry and the RBI did not immediately respond to emails seeking comment.

The IDBI Bank stake sale is part of the government's 510 billion rupees ($6.13 billion) divestment target for fiscal 2024.

However, it is also the only significant divestment the government is focusing on this year, raising concerns about the target being met, as attention turns to the upcoming state and national elections.

Once the RBI screening concludes, the government will grant suitable bidders access to confidential data that IDBI Bank has begun collecting, such as employees' pension corpus and insurance or medical covers.

($1 = 83.1553 Indian rupees)

(Reporting by Nikunj Ohri; Editing by Janane Venkatraman)

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Oct 3 (Reuters) - CSB Bank Ltd CSBB.NS:

• SEPT QUARTER PROVISIONAL TOTAL DEPOSITS 254.38 BILLION RUPEES, UP 21.21% YOY

Source text for Eikon: [ID:]

Further company coverage: CSBB.NS

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Sept 21 (Reuters) - CSB Bank Ltd CSBB.NS:

• CSB BANK ENTERS INTO PARTNERSHIP WITH DAIMLER INDIA COMMERCIAL VEHICLES FOR VEHICLE-FINANCING PROGRAM- STATEMENT

Source text for Eikon: [ID:]

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Aug 30 (Reuters) - CSB Bank Ltd CSBB.NS:

• REVISES ONE-YEAR MCLR TO 10.20% FROM 10.10%, EFFECTIVE SEPT 1

Source text for Eikon: ID:nBSE17FsJB

Further company coverage: CSBB.NS

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July 20 (Reuters) - CSB Bank Ltd CSBB.NS:

• INDIA'S CSB BANK JUNE-QUARTER NET PROFIT 1.32 BILLION RUPEES VERSUS 1.15 BILLION RUPEES

• CSB BANK JUNE-QUARTER INTEREST EARNED 6.83 BILLION RUPEES VERSUS 5.36 BILLION RUPEES

• CSB BANK JUNE-QTR GROSS NPA 1.27% VS 1.26% PREV QTR

• CSB BANK JUNE-QTR NET NPA 0.32% VS 0.35% PREV QTR

Source text for Eikon: ID:nBSE4X92sj

Further company coverage: CSBB.NS

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