Private sector lender CSB Bank Ltd on Friday (April 26) reported a 3.1% year-on-year (YoY) dip in net profit at ₹151.5 crore for the fourth quarter that ended March 31, 2024. In the corresponding quarter in FY23, CSB Bank posted a net profit of ₹156.4 crore, the lender said in a regulatory filing.Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, increased by 11%, coming at ₹387 crore against ₹349 crore in Q4 of FY23.The gross non-performing assets (GNPAs) stood at 1.47% in the fourth quarter against 1.22% in the third quarter of FY24. Net NPAs came at 0.51% against 0.31%…
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CSB Bank Q4 Results | Net profit dips 3%, net interest income grows 11%
