CSB Bank Shares Soar to Record High on Strong Q3 Results; Loan Book Jumps 29%

CSB Bank | Total deposit growth during the December quarter stood at ₹40,460 crore. Advances growth stood at 29% from last year to ₹37,208 crore. Advances against gold and gold jewellery increased by 46% from last year to ₹19,023 crore. Term deposits went up by 27% year-on-year to ₹32,144 crore.

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CNBC TV18•05-01-2026, 09:59

CSB Bank Shares Soar to Record High on Strong Q3 Results; Loan Book Jumps 29%

•CSB Bank shares hit a record high of ₹519.9, trading over 6% higher after a strong Q3 business update.
•The bank's overall loan book grew 29% year-on-year to ₹37,208 crore in the December quarter.
•Gold loan book surged 46% year-on-year and 16% quarter-on-quarter, reaching ₹19,023 crore.
•Deposit growth was 21% year-on-year, driven by term deposits, while CASA growth remained sluggish at 3.4%.
•Shares are now up over 2.6 times from their issue price of ₹191, with 8 out of 9 analysts recommending a "buy".

Why It Matters: Strong Q3 performance, especially in loan growth, propelled CSB Bank shares to a new record high.

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