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.
CSB Bank Ratings
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Compare CSB Bank with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.2/5 based on 1.3k reviews | 3.5/5 based on 11.4k reviews | 3.9/5 based on 10.7k reviews | 4.2/5 based on 11.9k reviews |
Highly Rated for | No highly rated category | No highly rated category | Salary | Skill development Work-life balance Salary |
Critically Rated for | Company culture Promotions Work satisfaction | Promotions Company culture Work satisfaction | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 90% employees reported | Work from office 88% employees reported | Work from office 83% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 3.1 Average rated by 280 women | 3.2 Average rated by 2.1k women | 3.6 Good rated by 1.6k women | 4.2 Good rated by 1.4k women |
Rating by Men Employees | 3.2 Average rated by 983 men | 3.5 Good rated by 8.8k men | 4.0 Good rated by 8.6k men | 4.2 Good rated by 10.1k men |
Job security | 3.0 Average | 3.5 Good | 3.7 Good | 4.1 Good |
CSB Bank Salaries
Brach Operation Manager
Customer Relationship Officer
Branch Manager
Business Development Executive
Relationship Manager
Gold Loan Officer
Senior Officer
Relationship Executive
Deputy Manager
Branch Head
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CSB Bank News
Stocks In News At Noon: BEL, Tata Motors, CSB Bank Among Others
- Bharat Electronics Ltd. saw its share price decline by over 5% on Wednesday after the company missed its fiscal 2025 order inflow guidance. BEL secured orders worth Rs 18,715 crore, falling short of its projected Rs 25,000 crore, achieving only 74.86% of the target. Despite this, the company reported a 16% rise in revenue, reaching Rs 23,000 crore compared to Rs 19,820 crore the previous year.
- Tata Motors shares fell on Wednesday after the company reported flat domestic sales for March 2025. Investor sentiment was further weighed down by confirmation that the United States President Donald Trump will impose a 25% tariff on imported cars, trucks, and key auto components.
- CSB Bank's share price surged by 5.46% on Wednesday following the release of a robust business update for March, reporting year-on-year growth in both total deposits and gross advances.
- Tata Consumer Products Ltd.'s shares surged over 8% on Wednesday following an upgrade from Goldman Sachs. The brokerage raised its rating on Tata Consumer from Neutral to Buy and increased the target price to Rs 1,200 from Rs 1,040 per share.

CSB Bank Share Price Surges After Robust Business Update
- CSB Bank's share price surged by 5.46% following a robust business update for March.
- Total deposits of CSB Bank grew by 24% to Rs 36,861 crore, compared to last year.
- Gross advances of CSB Bank increased by 29.6% to reach Rs 31,843 crore.
- CSB Bank is a private sector bank offering a wide range of banking and financial services, headquartered in Thrissur, Kerala.

Stocks To Watch Today: Tata Motors, Swiggy, V-Mart Retail, CSB Bank, Dabur, JSW Energy
- Tata Motors, Hyundai Motor India, V-Mart Retail, CSB Bank, SJVN, JSW Energy are the stocks to watch before going into trade on Wednesday.
- Swiggy received a tax assessment order of Rs 158 crore from the Income Tax department.
- Dabur India received an assessment order of Rs 110 crore from the Income Tax department.
- Siemens appointed new executives, Sunil Mathur as chairperson, Guilherme Mendonca as MD & CEO, and Harish Shekar as CFO.

IDFC First, Bandhan, RBL, Ujjivan, Suryodhay et al: A decade of bank IPOs and how the search for the next HDFC Bank boomeranged
- Many banking stocks, including private banks and small finance banks (SFBs), have underperformed and failed to replicate the success of HDFC Bank.
- Out of all bank IPOs in the last decade, only a few, including AU SFB, CSB Bank, Equitas SFB, and Jana SFB, have posted positive returns since IPO.
- Most banking stocks have significantly lagged behind the Nifty Bank index, with only a few exceptions like Federal Bank.
- The top 5 banks, including HDFC Bank, SBI, ICICI Bank, Axis Bank, and Kotak Mahindra Bank, have dominated the banking sector and driven the index's growth.

What investors should know before investing in CSB Bank
- CSB Bank's stock is trading at a P/B multiple of 1.24 times, which is at a considerable discount to its all-time-high price and the average P/B ratio since listing.
- The bank has been trying to reduce its risk by derisking the balance sheet to include low-yield corporate and secured retail loans segments only.
- The bank has posted healthy growth in advances by gold loans, SME, other retail loans, and a 5.3% spike in corporate loans from Q1 and Q2 to Q3 of fiscal year 2025.
- Asset quality has improved in the last two quarters, and .CSB Bank holds contingency provisions of over ₹180 crore.
- CASA growth has not been great, the bank has had to rely on term deposits and a highly raised share of bulk deposits which are more expensive than CASA. This is affecting the NIM.
- The shorter-term nature of the bank’s loans enables quick repricing resulting in still sustaining a 4% plus full-year NIM guidance for FY25.
- CSB Bank has highlighted a transition plan leading to FY30, with a shift from large product lines to more comprehensive and tech-savvy banking solutions focusing on customer-level profitability rather than product-level profitability.
- RoA for Q3 FY25 (annualised) stands at 1.5%, and the management expects it to be range-bound between 1.5% and 1.6% until FY27 before gradually inching upward towards 1.8% from FY28.
- The stock current valuation is suitable for long-term investors who seek to profit when accumulated.
- However, the stock is susceptible to the cyclical nature of the financial sector, and there is an execution risk.

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

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