Page 3 - Csb Bank

CSB Bank's profit rises 179% to Rs 68.9 crore in second quarter

CSB Bank amended terms of investment agreement with Fairfax to align with Articles of Association of bank.

CSB Bank Q2 profit jumps to Rs 69 cr; to hike proportion of gold loans

It had posted a profit of Rs 24.6 crore in the second quarter of 2019-20

CSB Bank's Q2 pre-tax profit up 137% to Rs 82 crore, 56% spike in NII

The bank's Covid-19 provisions stood at Rs 15.6 crore during the quarter, while other provisions stood at Rs 65.2 crore as compared to Rs 24.6 crore, up 164.9 per cent

CSB Bank reports profit before tax of Rs 30 crore in June quarter

The bank said it has made healthy Covid provisions

CSB Bank reports 174% YoY jump in Q1 profit at Rs 53.5 cr; stock zooms 14%

In the March quarter of FY20, the bank had incurred net loss of Rs 59.68 crore

Market Ahead, Aug 17: Top factors that could guide markets this week

More than 200 companies, including PNB, Zee Entertainment, CSB Bank, and Muthoot Finance are scheduled to announce their June quarter earnings this week

Madhavan Aravamuthan appointed new chairman of Fairfax-backed CSB Bank

His skill set includes a deep knowledge of IT systems, payment and settlement systems, offsite surveillance of banks, etc

Bandhan Bank to IDBI Bank: 5 bank stocks that investors are betting on

With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank

Axis Bank's operations head Tahilyani steps down within seven months

The sources also said that Tahilyani, who had joined Axis Bank this year, might be headed back to Tata AIA as the head of country operations

After Fairfax investment and listing, CSB Bank eyes business expansion

While many banks are still struggling with cost overruns and missed deadlines, resulting cost reduction pressures, CSB is employing solutions for regaining profitability at a post-crisis level

CSB Bank hits over 4-month high, stock rallies 24% in four days

CSB Bank, on Friday, announced the appointment of Pralay Mondal as president (retail, SME, operations and IT)

We'd like to be seen as a full service new-age private bank: CSB Bank chief

In a Q&A, C V R Rajendran, MD & CEO, CSB Bank Ltd, dwells on how the lender turned around in FY20, after several years of losses

Axis Bank's Pralay Mondal to join Fairfax-backed CSB Bank as President

Before joining Axis Bank, Mondal was the Senior Group President and Head of Retail and Business Banking at Yes Bank.

CSB Bank turns around with Rs 134 cr PBT in FY20 after years of losses

Despite a one-time hit of Rs 87 cr on its P&L for switching over to lower tax rate regime, the lender has posted net profit of Rs 13 crore in FY20 from a loss of Rs 197 crore of FY19

Real estate firms paying up to 15% interest rate on loans amid slowdown

"Construction finance has become difficult even for good companies. Even public sector banks are charging at 13.5 per cent," said Mayur Shah, managing director of Marathon Realty.

Fairfax-backed CSB Bank's Q3 PBT increases multiple fold to Rs 42.4 cr

Net NPA which was 3.7 per cent last year third quarter dropped to 2 per cent during the current fiscal

RBI lifts restriction on Fairfax-backed CSB Bank on opening new branches

The bank, in a regulatory filing on Tuesday said that the regulatory restrictions by RBI on opening new branches, through their letter in January 30, 2015, has been lifted with effect from January 10

CSB Bank hits new lifetime low of Rs 194.65, falls below issue price

Foreign portfolio investors (FPIs), alternative investment funds, financial institutions/banks and insurance companies have reduced their stake in the bank post its listing

CSB Bank hits lowest level since listing; tanks 30% from December high

CSB Bank had made a strong debut at the bourses, soaring 54 per cent over its issue price of Rs 195 at Rs 300.

CSB Bank trades lower for fifth straight day, down 16% since listing

The stock declined 3% on Wednesday, following a 16% dip in the past one week. In comparison, the benchmark S&P BSE Sensex slipped 1 per cent during the week.