CSB Bank Ltd

CSB Bank Ltd announced the transfer of 13,500 equity shares from its ESOS Trust to an eligible grantee on June 11, 2026. This transfer is a result of the grantee exercising vested stock options under the CSB Employee Stock Option Scheme 2019. The bank has also made this information available on its official website.

CSB Bank Ltd has informed the stock exchanges about an amendment to the Trust Deed of the CSB ESOS Trust. This amendment, made in accordance with Regulation 3(3) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, primarily addresses the resignation of one trustee and the appointment of two new trustees. The original Trust Deed was registered in May 2019 and had a prior amendment in March 2021. The bank has submitted the duly executed amended Trust Deed for record.

CSB Bank Ltd. announced that the Reserve Bank of India (RBI) has approved the appointment of M P Chitale & Co, Chartered Accountants, as one of the Joint Statutory Auditors for the financial year 2026-27, replacing Walker Chandiok & Co. LLP. Additionally, RBI approved the appointment of Sundaram & Srinivasan, Chartered Accountants, as the other Joint Statutory Auditors for the same period, marking their third year in office. The appointment of M P Chitale & Co is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

CSB ESOS Trust transferred 8,278 equity shares of CSB Bank Limited to two eligible grantees on May 19, 2026, following the exercise of vested stock options under the CSB Employee Stock Option Scheme 2019. The information is available on the bank's website.

CSB Bank Ltd's Nomination & Remuneration Committee approved the grant of 5,90,469 stock options to eligible employees under the CSB Employee Stock Option Scheme 2019. These options are exercisable into an equivalent number of equity shares with a face value of ₹10 each, at an exercise price of ₹358.65 per share. The options will vest in installments over four years, with 25% vesting annually starting May 18, 2027. The exercise period is 3 years from the vesting date.

CSB Bank Ltd has appointed Mr. D Lakshmi Narayanan as ‘Head – Operations’ with effect from June 18, 2026. He will be part of the Senior Management. The current incumbent, Mr. K. Chandrasekhar, will continue in the role until May 31, 2027, to ensure a smooth transition. The appointment was approved by the Board of Directors based on the recommendation of the Nomination & Remuneration Committee.

CSB Bank Ltd has appointed Mr. D Lakshmi Narayanan as ‘Head – Operations’ with effect from June 18, 2026. He will be part of the Senior Management. The current incumbent, Mr. K. Chandrasekhar, will continue in the role until May 31, 2027, to ensure a smooth transition. The appointment was approved by the Board of Directors based on the recommendation of the Nomination & Remuneration Committee.

CSB ESOS Trust transferred 40,210 equity shares of CSB Bank Limited to five eligible grantees on May 8, 2026, following the exercise of vested stock options under the CSB Employee Stock Option Scheme 2019. The information is available on the bank's website.

CSB Bank Ltd. announced its audited financial results for the quarter and financial year ended March 31, 2026. Total deposits grew by 20% YoY to ₹44,246 crore, while net advances grew by 26% YoY to ₹39,848 crore. Net Interest Income (NII) increased by 17% YoY to ₹1,720 crore for FY26. Profit after Tax (PAT) rose by 7% YoY to ₹633 crore for FY26. The bank's Gross NPA stood at 1.66% as of March 31, 2026, and the Capital Adequacy Ratio was at 20.66%.

CSB Bank Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, in their meeting held on May 4, 2026. The results were reviewed by the Audit Committee and approved along with the audit report issued by Joint Statutory Auditors, Walker Chandiok & Co. LLP and Sundaram & Srinivasan. The board meeting commenced at 12.40 p.m. (IST) and concluded the approval of financial results at 01:50 p.m. (IST).