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CSB Bank profit falls; shares plunge 16%
Business Standard
|January 29, 2026
Thrissur-based CSB Bank has reported a marginal rise in net profit during the third quarter of the current financial year (Q3FY26) to %153 crore, as against %152 crore during the same period in FY25.
The bank’s shares dipped by 16.23 per cent to %418.55 on BSE, owing to deterioration in the lender's asset quality on a sequential basis, while its credit cost increased.
The Fairfax-backed bank’s net interest income (NII) was up by 21 per cent year-on-year (Y-0-Y), from %375 crore for Q3FY25 to 453 crore for Q3FY26, and up 7 per cent quarter-on-quarter (Q-0-Q) from %424 crore for Q2FY26.
Gross nonperforming assets were at 1.96 per cent in Q3FY26, as against 1.81 per cent during the second quarter this year. Net nonperforming assets were at 0.67 per cent as against 0.52 per cent in Q2FY26.
Diese Geschichte stammt aus der January 29, 2026-Ausgabe von Business Standard.
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