Mumbai, October 23, 2026: CSB Bank reported a 22% quarter-on-quarter increase in profit after tax to ₹183 crore for the second quarter of FY27, up from ₹150 crore in the previous quarter, according to its latest financial results.
Total deposits rose 18% year-on-year to ₹46,889 crore as of September 30, 2026, compared to ₹39,651 crore a year earlier. The bank’s CASA ratio stood at 19% at the end of the quarter.
Strong growth in advances and income
Net advances grew by 22% year-on-year to ₹41,852 crore, supported by a 44% rise in the wholesale portfolio and a 36% increase in gold loans. Net interest income for Q2 FY27 was ₹510 crore, up 20% from ₹424 crore in Q2 FY26 and 7% higher than ₹479 crore in Q1 FY27. Non-interest income increased by 20% quarter-on-quarter to ₹274 crore.
Profitability and capital position
The bank’s operating profit climbed 10% quarter-on-quarter to ₹276 crore. The cost-to-income ratio was 64.80% for Q2 FY27, compared to 63.86% in the same period last year and 64.55% in Q1 FY27. Cost to assets stood at 3.59% in Q2 FY27, down from 4.11% in Q2 FY26 but up from 3.31% in Q1 FY27. Return on assets and net interest margin were 1.29% and 3.81%, respectively, for the quarter.
The capital adequacy ratio was 19.55% as of September 30, 2026, compared to 20.99% a year earlier, remaining above regulatory requirements.
Asset quality improves
Gross non-performing assets (NPA) declined to 1.58% as of September 30, 2026, from 1.75% at the end of June 2026 and 1.81% a year earlier. Net NPA stood at 0.33%, down from 0.39% in the previous quarter and 0.52% as of September 30, 2025. The provision coverage ratio, including technical write-offs, improved to 87.65% from 86.83% at the end of June 2026 and 84.14% a year ago.
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