CSB Bank cautious on SME loans: MD

GIVEN THE UNCERTAINTY around the India-US trade deal, CSB Bank will be cautious in lending to small and medium enterprises, Pralay Mondal MD and CEO said in the post earnings interaction.

- KSHIPRA PETKAR

On Wednesday, the bank reported a net profit of ₹160 crore, up 16% on year in the July-September period.

“We are a little cautious on SME at this point of time till we have clarity on the bilateral deal. So, especially in certain segments like textiles, it will depend on how the environment is picking up and taking shape in the next 1-2 months,” he said.