CSB Bank Ltd

CSB Bank Ltd. has announced its 105th Annual General Meeting (AGM) will be held on Friday, August 21, 2026, at 11:00 a.m. IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in compliance with recent circulars from the Ministry of Corporate Affairs (MCA) and SEBI, which provide relaxations for holding AGMs. The Bank's Register of Members and Share Transfer Books will be closed from Saturday, August 15, 2026, to Friday, August 21, 2026, inclusive, for the purpose of the AGM. The Annual Report and AGM notice will be submitted separately.

CSB Bank Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The bank reported a Profit After Tax (PAT) of ₹150 crore, a 27% year-on-year increase from ₹119 crore in Q1 FY26. Total Deposits grew by 26% YoY to ₹45,415 crore, and Net Advances increased by 24% YoY to ₹40,309 crore. Net Interest Income (NII) saw a 26% YoY rise to ₹479 crore. The bank maintained an accelerated provisioning policy. Key ratios like NIM and RoA showed improvement compared to the previous year. The Capital Adequacy Ratio stood at 19.96%. Gross NPAs were reported at 1.75% and Net NPAs at 0.39%. The MD & CEO highlighted robust growth, healthy operating performance, and a comfortable liquidity position, with a focus on enhancing productivity and technology transformation.

CSB Bank Ltd announced that its Board of Directors, in a meeting held on July 22, 2026, has approved the Unaudited Financial Results for the quarter ended June 30, 2026. The results, along with the Limited Review Report from joint statutory auditors Walker Chandiok & Co. LLP and Sundaram & Srinivasan, have been submitted. The board meeting commenced at 11:30 a.m. IST and concluded the financial results discussion at 12:45 p.m. IST. The intimation will also be available on the bank's website.

CSB Bank reported standalone Q1 FY27 net profit of ₹150.04 Cr, up 26.5% YoY from ₹118.6 Cr but down 25.6% sequentially from Q4's ₹201.58 Cr. Interest earned rose 23.7% YoY to ₹1,287 Cr and total income reached ₹1,516 Cr (+18% YoY). The year-on-year jump is clean — there were no exceptional or extraordinary items in either the current or comparison period, so the reported growth is the underlying growth. As a standalone-only filer (no subsidiaries), there is no consolidated basis to reconcile against. The sequential profit drop is a margin-and-provisions story, not a demand story. Provisions more than doubled QoQ to ₹49 Cr (from ₹23 Cr), and other income eased to ₹228.8 Cr from the seasonally strong Q4's ₹306.2 Cr. Operating profit was ₹250.8 Cr, with operating margin compressing to 19.5% (from 21.2% a year ago and 24.5% in Q4). Return on assets slipped to 1.06% annualised versus 1.50% in Q4 — running below the ~1.5% ROA and 3.75-4.0% NIM the bank guided for FY27 on its May concall. So while YoY profitability improved (net margin 9.9% vs 9.2%), the core spread and return metrics are tracking light against management's own 'sustain profitability' ambition. Growth, by contrast, is on plan: deposits climbed 26% YoY to ₹45,415 Cr and gross advances 24% to ₹40,866 Cr (per the pre-results business update), consistent with the ~25% loan-growth target. Asset quality was marginally softer — GNPA at 1.75% vs 1.66% in Q4 (though better than 1.84% a year ago) and NNPA at 0.39% — with the higher provisioning the swing factor behind the sequential dip. No published street consensus for CSB Bank's Q1 was found, so the print can't be scored against expectations. The board concurrently approved the ESOS 2026 scheme and granted 61,565 options at a ₹370 exercise price. Net: the quarter confirms the growth confidence management projected, but the ROA/margin softness sits against the profitability half of that guidance — the key item to watch into Q2.

CSB Bank Limited announced that its Nomination & Remuneration Committee has approved the grant of 61,565 stock options to an eligible employee under the CSB Employee Stock Option Scheme 2019. The options are exercisable into equity shares with a face value of Rs. 10 each, at an exercise price of Rs. 370 per share. The grant was approved on July 22, 2026. The options will vest in tranches over 48 months, with 25% vesting on completion of 12, 24, and 36 months, and the remaining balance vesting at 48 months. The exercise period is within three years from the vesting date for continuing employees.

CSB Bank Ltd has announced that its Board of Directors will convene on July 22, 2026, to consider and approve the unaudited financial results for the first quarter ended June 30, 2026. The results, along with the Limited Review Report from the Joint Statutory Auditors, will be submitted as per SEBI regulations. Additionally, the trading window for designated persons will remain closed until July 24, 2026, to prevent insider trading. The information will be available on the bank's website.

CSB Bank Ltd has reported provisional business updates for the quarter ended June 30, 2026. Total deposits saw a significant year-on-year increase of 26%, reaching ₹45,415 Crore. CASA deposits grew by 4% to ₹8,815 Crore, while Term Deposits surged by 33% to ₹36,600 Crore. Gross Advances increased by 24% YoY to ₹40,866 Crore. Advances against Gold & Gold Jewellery showed a substantial growth of 47% to ₹21,906 Crore. This data is provisional and subject to a limited review by the bank's joint statutory auditors.

CSB Bank Limited announced that its 'CSB ESOS Trust' has transferred 16,711 equity shares on June 29, 2026. This transfer is a result of eligible employees exercising their vested stock options under the CSB Employee Stock Option Scheme 2019. The bank has made this information available on its official website.

CSB Bank Limited announced that its 'CSB ESOS Trust' has transferred 32,420 equity shares on June 25, 2026. This transfer is a result of eligible employees exercising their vested stock options under the CSB Employee Stock Option Scheme 2019. The bank has made this information available on its website.

CSB Bank Ltd's Board of Directors, in a meeting held on June 25, 2026, approved the CSB Bank Employee Stock Option Scheme 2026 (ESOS 2026). The scheme, recommended by the Nomination & Remuneration Committee, is subject to shareholder approval. Under ESOS 2026, up to 20,00,000 stock options can be granted to eligible employees. The exercise price will be determined by the NRC, not less than the face value. Vesting periods will range from a statutory minimum of one year to a staggered schedule over three years, with an exercise period of up to ten years from the grant date. The Nomination and Remuneration Committee will administer the scheme.