CSB Bank is currently trading at Rs. 188.35, up by 7.10 points or 3.92% from its previous closing of Rs. 181.25 on the BSE.
The scrip opened at Rs. 187.90 and has touched a high and low of Rs. 192.05 and Rs. 186.55 respectively. So far 7520 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 314.20 on 05-Dec-2019 and a 52 week low of Rs. 95.00 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 192.05 and Rs. 175.85 respectively. The current market cap of the company is Rs. 3272.24 crore.
The promoters holding in the company stood at 49.73%, while Institutions and Non-Institutions held 10.70% and 39.56% respectively.
CSB Bank has reported 7.51% rise in total deposits to Rs 16337.95 crore (provisional) in Q1 June 2020 over Q1 June 2019. Out of the total deposits, CASA deposits grew 11.79% to Rs 4775.63 crore and term deposits rose 5.83% to Rs 11562.32 crore year-on-year (YoY) during the quarter.
Advances against gold & gold jewellery jumped 28.32% to Rs 3843.50 crore in Q1June 2020 over Q1 June 2019. Gross advances were up 4.88% to Rs 11434.65 crore. Liquidity coverage ratio stood at 230.03% as compared to 223.11% during the same period last year.
Catholic Syrian Bank (CSB Bank) is one of the oldest private sector banks in India. Under its SME banking business, the bank caters to financial institutions, agriculture and allied businesses, and vendors and dealers of corporates.
