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CSB Bank advances 5% after reporting Q4 update; total deposits grow 24% YoY

Business Standard LogoBusiness Standard2d ago

CSB Bank advances 5% after reporting Q4 update; total deposits grow 24% YoY - Business Standard

Quick Summary:

Around 10:04 AM, CSB Bank share price was up 2.58 per cent at ₹308.6 per share on NSE.

Its net interest income (NII) declined by 2 per cent year-on-year (Y-o-Y) as interest expenses surged by 43 per cent Y-o-Y during this period.

The private sector lender in its Q3 reported flat growth in net profit at ₹152 crore due to accelerated provisioning.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 10:18:21 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27530523

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 253 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "CSB Bank advances 5% after reporting Q4 update; total deposits grow 24% YoY" was covered 2 days ago by Business Standard, a news publisher based in India.

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