CSB Bank PAT up 14% on NII growth and lower provisions

Pralay Mondal, MD & CEO, CSB Bank | Photo Credit: bl-online Administrator

CSB Bank standalone net profit up 14 per cent to ₹182.72 crore on better net interest incomes and lower provisions in the quarter ended September 30 2026 as against ₹160.33 crore in the corresponding quarter last year.

The bank’s net interest income (NII) increased 20.4 per cent to ₹509.93 crore in the reporting quarter as against ₹423.56 crore in the year-ago period.

The bank’s advances grew 22.1 per cent to ₹42,383 crore in Q2FY27 as against ₹34712 crore in the same quarter last fiscal. Deposits grew ₹18.25 per cent to ₹46889 crore as against ₹39651 crore in Q2FY26.

Besides robust growth in NII, the bank also cut provisions by 52.7 per cent to ₹30 crore in the recently concluded quarter, as against ₹63.65 crore in the year-ago period. The bank’s net interest margin (NIM) was the same as 3.81 per cent in the year-ago period but increased sequentially from 3.6 per cent in previous quarter.

The bank’s non-profitable assets (NPA) as a share of gross advances reduced 23 basis points to 1.58 per cent from 1.81 per cent in the same quarter last fiscal. NPA as a share of net advances also reduced to 0.33 per cent from 0.52 per cent in Q2FY26.

“We remain focused on sustaining this momentum. In the second half of FY27, we plan to accelerate growth across our key business segments, enabling us to move steadily towards our SBS2030 aspiration of becoming a mid-sized bank,” said Pralay Mondal, MD and CEO, CSB Bank.

Published on October 23, 2026