CSB Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

The bank will now seek shareholder approval for the reappointment within the timeframe mandated under the Companies Act, 2013, and SEBI Listing Regulations.

Pralay Mondal joined CSB Bank in September 2020 after serving as the head of retail banking at Axis Bank. At CSB, he initially took on the role of President overseeing retail, SME, operations, and IT, before being promoted to Deputy Managing Director in February 2022.

Pralay had been the Bank?s interim MD and CEO since April 2022. He has earlier worked with companies like Yes Bank, HDFC Bank, Standard Chartered Bank, Wipro InfoTech and Colgate Palmolive.

CSB Bank is an old private sector bank with a history of over 100 years and operates 829 branches as on 31 March 2025. The business is concentrated in Kerala with the remaining spread across Tamil Nadu, Andhra, Karnataka, and Maharashtra.

The bank?s standalone net profit jumped 25.7% to Rs 190.44 crore on 37.4% rise in revenue form operations to Rs 1,362.36 crore in Q4 FY25 over Q4 FY24.

Shares of CSB Bank fell 1.26% to Rs 384.05 on the BSE.

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Crisil Ratings stated that the ratings continue to reflect the healthy capitalisation levels along with the commitment of support from Fairfax, in case of exigency and stable deposit profile.

These strengths are partially offset by the modest earnings profile and limited track record in the new non-gold loan book, as well as modest scale of overall operations.

The agency further said that factors like substantial scale-up of operations with return on average total assets of around 1.75% on a sustained basis and track record of profitably scaling up non-gold loan book could lead to ratings upgrade.

However, factors that could result in an adverse rating acion include deterioration in asset quality, as seen in GNPAs increasing to beyond 5% and translating into pressure on earnings and capitalisation metrics, any pressure on the deposit profile with deposit outflows and weakening of capital position with significant deterioration in the CET 1 ratio.

CSB Bank is an old private sector bank with a history of over 100 years and operates 829 branches as on 31 March 2025. The business is concentrated in Kerala with the remaining spread across Tamil Nadu, Andhra, Karnataka, and Maharashtra.

The bank has reported a 4.8% rise in net profit to Rs 594 crore on a 18.9% increase in total income (net of interest expenses) to Rs 2,448 crore in FY25 as compared with FY24.

The scrip rose 0.55% to currently trade at Rs 356.15 on the BSE.

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CSB Bank announced that CRISIL has reaffirmed its rating of ?CRISIL A1+' for Certificate of Deposits programme and Short-term Fixed Deposit programme of the Bank. CRISIL Ratings also reaffirmed its rating of ?CRISIL A/Stable' for the proposed Tier II, Basel III compliant bonds issue Programme of the Bank.

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CSB Bank is migrating its Core Banking System (CBS) to a new platform viz. ?Oracle Flexcube'. The migration activity is scheduled between 9.00 P.M. (IST) on 09 May 2025, and 10.00 A.M. (IST) on 11 May 2025.

The Bank added, During this period, all our banking services, including ATM, Net Banking, Mobile Banking, Cards, and UPI services will not be available. The Bank has sent appropriate communications to all its customers about the downtime through various channels so that customers may plan their transactions in advance to avoid any inconvenience.

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