CSB Bank
Working at CSB Bank
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About CSB Bank
We are one of the oldest private sector banks in India with a history of over 98 years, and a strong base in Kerala along with significant presence in Tamil Nadu, Karnataka, and Maharashtra. We offer a wide range of products and services to our overall customer base of 1.3 million as on March 31, 2019, with particular focus on SME, retail, and NRI customers. We deliver our products and services through multiple channels, including 414 branches (excluding three service branches and two asset recovery branches) and 277 ATMs spread across 16 states and four union territories as on March 31, 2019, and various alternate channels such as micro ATMs, debit cards, internet banking, mobile banking, point of sale services, and UPI. We believe with our focus on quality of service and nurturing long term relationship with our customers, we have developed a well-recognized and trusted brand in south India, particularly in the states of Kerala and Tamil Nadu.
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Compare CSB Bank with Similar Companies
Change Company | Change Company | Change Company | ||
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Overall Rating | 3.2/5 based on 1.2k reviews | 3.6/5 based on 967 reviews | 3.5/5 based on 447 reviews | 3.8/5 based on 792 reviews |
Highly Rated for | No highly rated category | No highly rated category | Salary Job security | Job security Salary |
Critically Rated for | Company culture Promotions Work satisfaction | Promotions Work-life balance Company culture | Promotions Work satisfaction Work-life balance | Promotions Work satisfaction |
Primary Work Policy | Work from office 90% employees reported | Work from office 95% employees reported | Work from office 91% employees reported | Work from office 94% employees reported |
Rating by Women Employees | 3.1 Average rated by 244 women | 3.6 Good rated by 143 women | 3.2 Average rated by 109 women | 3.7 Good rated by 192 women |
Rating by Men Employees | 3.2 Average rated by 883 men | 3.6 Good rated by 775 men | 3.6 Good rated by 299 men | 3.9 Good rated by 547 men |
Job security | 3.0 Average | 3.5 Good | 3.9 Good | 4.2 Good |
CSB Bank Salaries
Customer Relationship Officer
Branch Manager
Brach Operation Manager
Business Development Executive
Relationship Manager
Gold Loan Officer
Relationship Executive
Deputy Manager
Senior Officer
Branch Head
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CSB Bank News
CSB Bank Q3 FY25 results: The key takeaways
- CSB Bank Q3 FY25 results: The bank's business grew at over twice the system level growth in deposits and advances.
- Wholesale book showed growth after a period of derisking, while gold loan, SME, and retail books recorded strong growth.
- Growth in deposits was driven by bulk deposits, with the proportion increasing from 27% to 39%. CASA ratio fell to 24.1%.
- Net interest income saw a 2% degrowth, while other income increased by 75%. Asset quality remained stable with a gross NPA ratio of 1.58%.
Stocks In News: Eicher Motors To Jai Corp. — Top Gainers And Losers
- Eicher Motors' share price surged by over 7% to a new lifetime high following a strong December sales performance.
- RailTel Corp of India shares extended their upward momentum for a third consecutive day, rising 6.39% on Thursday.
- CSB Bank Ltd.'s shares surged by over 6% on Thursday following a strong business update.
- Shares of Jai Corp. plummeted by nearly 20% on Thursday following the sale of an industrial land parcel to Reliance Industries Ltd.
CSB Bank Shares Surge After Strong Q3 Business Update
- CSB Bank shares surged over 6% after strong Q3 business update.
- Deposits grew by 22.17% on a year-on-year basis.
- Term deposits grew by 28.10% and Advances against Gold & Gold Jewellery grew by 36.28%.
- CSB Bank's gross advance rose by 26.54% on a yearly basis.
Stock Market Today: All You Need To Know Going Into Trade On Jan. 2
- Indian benchmark equity indices closed higher in the first trading day of 2025.
- Foreign portfolio investors have been net sellers for the 12th straight session.
- Indian rupee weakened by 4 paise to close at 85.65 against the US dollar.
- Stocks to watch include NMDC, Tata Motors, CSB Bank, Maruti Suzuki India, South Indian Bank, Sandur Manganese & Iron Ores, RailTel Corp., NTPC, DCX Systems, Mazagon Dock Shipbuilders.
- Indo Farm Equipment public issue subscribed 54.55 times on day two.
- Sterling Tools promoter Atul Aggarwal sold 58,440 shares, while promoter Rahul Gautam bought 17,500 shares in December.
- Manappuram Finance is in the securities in ban period.
- Indian rupee weakened by 4 paise against the US dollar on the first trading session of 2025.
- Ceigall India to meet investors and analysts on Jan. 6.
- Nifty Options Jan. 2 Expiry: Maximum call open interest at 24,500 and maximum put open interest at 23,000.
CSB Bank Q3 Business Update: Total Deposits Grows 22% To Rs 33,406 Crore
- CSB Bank's total deposits grew by 22.2% to Rs 33,406 crore in the Q3 2024
- Gross advances rose 26.45% to Rs 28,914 crore in the October-December period
- Advances against gold and gold jewellery increased by 36.28% to Rs 13,018 crore
- Current account and savings account (CASA) deposits grew by 6.6% to Rs 8,041 crore
Banks’ NIM falls in Q2 as RBI penal charge diktat takes effect, deposit cost rises
- Bank of Baroda (BoB) witnessed a rise in domestic cost of deposit by 3 basis points (bps) to 5.16% in Q2.
- The domestic yield on advances for BoB dropped by 6 bps to 8.93% in Q2.
- The penal charges circular issued by RBI impacted BoB's net interest margin (NIM) by 5 bps, resulting in a reduction from 3.18% to 3.10%.
- Other banks like CSB Bank and Union Bank of India also reported an impact on NIM due to the new penal charges circular imposed by RBI.
Compliant with gold loan norms, will further strengthen audit processes: CSB Bank MD
- CSB Bank MD states that they have been compliant with gold loan norms and have already strengthened their audit processes.
- The bank does not partner with fintechs or business correspondents for gold loans, ensuring control over the loan disbursement process.
- The bank aims to diversify its loan portfolio by reducing the share of gold loans and increasing the share of SME, wholesale, and retail loans.
- CSB Bank expects its advances and deposits to grow faster than the banking system and aims to maintain a credit-deposit ratio below 90%.
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