CSB Bank Q2 results: PAT rises 4% to Rs 138 cr, income at Rs 1,064 cr

Quick Summary:

CSB Bank on Thursday reported a marginal 4 per cent rise in net profit to Rs 138 crore for the quarter ended September 2024.

Asset quality of the bank deteriorated, with gross non-performing assets (NPAs) rising to 1.68 per cent of gross advances at the end of the September 2024 quarter against 1.27 per cent a year ago.

Its net interest income improved to Rs 367 crore in the July-September quarter from Rs 344 crore in the September quarter of 2023, registering a growth of 7 per cent.

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Category: BusinessFinance

Markets: India

Topics: CSB Bank CSB Bank Q2 revenue CSB Bank Q2 results CSB Bank Q2 profit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 16:56:45 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 244 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23223288

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