CSB Bank Reports FY26 Results With Strong Deposit And Loan Growth

07 May 2026 CW Team

Net advances grew by 26 per cent year on year to Rs 398.48 bn from Rs 315.07 bn, driven by a 53 per cent expansion in gold loans to Rs 215.67 bn and a 37 per cent rise in wholesale lending. Net interest income for the quarter rose to Rs 4.64 bn from Rs 3.71 bn a year earlier and edged up from Rs 4.53 bn sequentially; for FY26, NII was Rs 17.20 bn, up 17 per cent year on year. Non-interest income for the year was Rs 11.77 bn, while quarterly other income was Rs 3.06 bn, reflecting varied fee and treasury outcomes.

Operating profit for the quarter was Rs 2.94 bn against Rs 3.17 bn in the year-earlier quarter, while on a full-year basis, operating profit increased 19 per cent to Rs 10.85 bn from Rs 9.10 bn. Profit after tax for Q4 was Rs 2.02 bn, up 32 per cent quarter on quarter and six per cent year on year, taking FY26 PAT to Rs 6.33 bn against Rs 5.94 bn in FY25. Provisions other than tax declined markedly in the quarter, though full-year provisions were higher as the bank continued its accelerated provisioning policy, while return on assets and net interest margin were 1.53 per cent and 3.83 per cent, respectively.

Capital adequacy remained strong with CRAR at 20.66 per cent, comfortably above regulatory requirements, and asset quality improved with gross non-performing assets at 1.66 per cent and net non-performing assets at 0.40 per cent as on 31 March 2026. Management said the bank had successfully navigated a large scale core migration and would enter the Scale Phase of its SBS 2030 strategy, focusing on sustainable and profitable growth, disciplined risk management and enhanced operational efficiency. The bank expects its branch network, digital channels and product focus on SME, retail and NRI segments to support higher productivity and long term customer outcomes.

The board took on record the audited financial results for the quarter and year ended 31 March 2026, with amounts converted from crore into billion (bn) for clarity. Total deposits rose by 20 per cent year on year to Rs 442.46 bn from Rs 368.61 bn as on 31 March 2025, while the current account and savings account ratio stood at 20 per cent. CASA balances were Rs 88.32 bn, marginally lower year on year but higher quarter on quarter. Net advances grew by 26 per cent year on year to Rs 398.48 bn from Rs 315.07 bn, driven by a 53 per cent expansion in gold loans to Rs 215.67 bn and a 37 per cent rise in wholesale lending. Net interest income for the quarter rose to Rs 4.64 bn from Rs 3.71 bn a year earlier and edged up from Rs 4.53 bn sequentially; for FY26, NII was Rs 17.20 bn, up 17 per cent year on year. Non-interest income for the year was Rs 11.77 bn, while quarterly other income was Rs 3.06 bn, reflecting varied fee and treasury outcomes. Operating profit for the quarter was Rs 2.94 bn against Rs 3.17 bn in the year-earlier quarter, while on a full-year basis, operating profit increased 19 per cent to Rs 10.85 bn from Rs 9.10 bn. Profit after tax for Q4 was Rs 2.02 bn, up 32 per cent quarter on quarter and six per cent year on year, taking FY26 PAT to Rs 6.33 bn against Rs 5.94 bn in FY25. Provisions other than tax declined markedly in the quarter, though full-year provisions were higher as the bank continued its accelerated provisioning policy, while return on assets and net interest margin were 1.53 per cent and 3.83 per cent, respectively. Capital adequacy remained strong with CRAR at 20.66 per cent, comfortably above regulatory requirements, and asset quality improved with gross non-performing assets at 1.66 per cent and net non-performing assets at 0.40 per cent as on 31 March 2026. Management said the bank had successfully navigated a large scale core migration and would enter the Scale Phase of its SBS 2030 strategy, focusing on sustainable and profitable growth, disciplined risk management and enhanced operational efficiency. The bank expects its branch network, digital channels and product focus on SME, retail and NRI segments to support higher productivity and long term customer outcomes.

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