CSB Bank Sees Double-Digit Growth in Deposits & Gold Loans for Q1 FY26
Hey there, finance enthusiasts! 👋 Get ready for a quick dive into CSB Bank’s latest business update for the quarter ending June 30, 2025. The Kerala-based private sector bank has just released its provisional figures, and they show some pretty impressive growth across key areas.
Deposits on the Rise! 📈
CSB Bank’s Total Deposits have seen a healthy jump, hitting ₹35,990 Crore as of June 30, 2025. That’s a solid 20% increase compared to the same period last year (June 30, 2024), when deposits stood at ₹29,920 Crore. Within this, Term Deposits grew even faster, up 22% year-on-year to ₹27,525 Crore. While CASA (Current Account Savings Account) deposits, which are a low-cost funding source for banks, saw a 14% year-on-year increase, reaching ₹8,465 Crore.
Advances Show Strong Momentum, Especially in Gold 🌟
The bank’s Gross Advances really stole the show, soaring to ₹33,142 Crore, marking a robust 32% growth year-on-year from ₹25,099 Crore. A significant contributor to this impressive growth is the bank’s strong focus on gold loans. Advances against Gold & Gold Jewellery surged by an astounding 36% year-on-year, reaching ₹14,928 Crore. This highlights CSB Bank’s strategic emphasis on this segment, which has historically been a key strength for the bank. Many regional banks in India, especially from states like Kerala, have a strong retail presence and a significant gold loan portfolio due to the cultural affinity for gold as collateral. You can often find reports discussing CSB Bank’s focus on gold loans.
Here’s a quick look at the numbers:
| Category | 30-06-2025 (Provisional) | 31-03-2025 (Audited) | 30-06-2024 (Unaudited) | YoY% |
|---|---|---|---|---|
| Total Deposits | 35,990 | 36,861 | 29,920 | 20% |
| Of which: | ||||
| a) CASA | 8,465 | 8,918 | 7,449 | 14% |
| b) Term Deposits | 27,525 | 27,943 | 22,471 | 22% |
| Advances against Gold & Gold Jewellery (Excluding receivables secured against gold) | 14,928 | 14,094 | 10,947 | 36% |
| Gross Advance | 33,142 | 31,842 | 25,099 | 32% |
All figures are in ₹ in Crore.
It’s important to remember that these are provisional numbers and are subject to a limited review by the Joint Statutory Auditors. Nevertheless, these early indicators suggest a robust start to the financial year for CSB Bank. Keep an eye out for their official audited results! 👀
source: Corporate Announcement
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