Highlights
- CSB Bank reported 26% year-on-year growth in total deposits as of June 30, 2026.
- Gross advances increased 24% year-on-year to Rs 40,866 crore during Q1 FY27.
- Advances against gold and gold jewellery rose 47% from the year-ago period.
CSB Bank Limited (NSE:CSBBANK) has released its provisional business update for the quarter ended June 30, 2026, highlighting growth across deposits and advances. The disclosure was made under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Bank stated that the reported figures are provisional and remain subject to a limited review by its Joint Statutory Auditors.
Total deposits increase 26% year-on-year
Total deposits stood at Rs 45,415 crore as of June 30, 2026, compared with Rs 35,935 crore in the corresponding period last year, reflecting 26% year-on-year growth. On a sequential basis, deposits increased from Rs 44,246 crore reported as of March 31, 2026.
Within the deposit base, CASA deposits stood at Rs 8,815 crore, compared with Rs 8,441 crore a year ago, representing 4% year-on-year growth. Term deposits increased to Rs 36,600 crore from Rs 27,494 crore in the corresponding quarter of the previous year, reflecting 33% annual growth.
Gross advances record double-digit growth
Gross advances were reported at Rs 40,866 crore as of June 30, 2026, compared with Rs 32,944 crore a year earlier, representing 24% year-on-year growth. Gross advances also increased from Rs 40,359 crore recorded at the end of March 2026.
The update provides preliminary operational metrics ahead of the Bank's detailed quarterly financial results.
Gold loan portfolio expands
Advances against gold and gold jewellery, excluding receivables secured against gold, stood at Rs 21,906 crore as of June 30, 2026. This compares with Rs 14,928 crore in the corresponding period last year, reflecting 47% year-on-year growth.
On a sequential basis, advances against gold and gold jewellery increased from Rs 21,567 crore as of March 31, 2026.
Figures remain provisional
The Bank clarified that all operational data disclosed for the quarter ended June 30, 2026, is provisional and subject to a limited review by the Joint Statutory Auditors. The final financial results for the quarter will be announced separately after completion of the review process.
Key Risks
- Business update contains provisional figures pending auditor review.
- Deposit growth may vary with interest rate movements.
- Credit demand could influence future advances growth.
- Asset quality trends will be reflected in quarterly financial results.
Summary
CSB Bank reported growth across key business parameters in its provisional Q1 FY27 update. Total deposits increased 26% year-on-year to Rs 45,415 crore, while gross advances rose 24% to Rs 40,866 crore. Advances against gold and gold jewellery recorded 47% annual growth, and term deposits increased 33%. The disclosed figures remain provisional and subject to a limited review by the Joint Statutory Auditors.
FAQs
Q: How much did CSB Bank's total deposits increase in Q1 FY27?
A: Total deposits rose 26% year-on-year to Rs 45,415 crore as of June 30, 2026.
Q: What was CSB Bank's gross advances balance in Q1 FY27?
A: Gross advances stood at Rs 40,866 crore, representing 24% year-on-year growth.
Q: How did CSB Bank's gold loan portfolio perform?
A: Advances against gold and gold jewellery increased 47% year-on-year to Rs 21,906 crore.