Category: Catholic Syrian Bank

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CSB Bank is likely to tie up with more commercial vehicle manufacturers to offer its customers vehicle loans by the end of this year, Head of Retail Banking Narendra Dixit said.
“We will probably partner with more commercial vehicle manufacturers by the end of this year,” Dixit told Moneycontrol on September 22.

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Last month, CSB Bank tied up with commercial vehicle maker Ashok Leyland to offer vehicle financing to its customers. The two sides signed a memorandum…
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Source: https://www.moneycontrol.com/news/business/csb-bank-may-tie-up-with-tata-motors-to-offer-vehicle-loans-says-official-11412751.html/amp

SBI Funds Management Limited on Monday announced through an exchange filing that according to the disclosure, SBI Mutual Fund, as part of its various schemes, acquired 1,29,076 shares of CSB Bank on September 21, 2023. These shares represent 0.0744 percent of the paid-up share capital of CSB Bank.
The final holdings of SBI Mutual Fund, under its various schemes, as at the close business hours on September 21, 2023 was 1,60,46,354 shares which is 9.2494 percent of the paid-up capital of CSB Bank.The equity share capital or the total capital of the TC before the aquisition or sale were at Rs 1,734,858,270 consisting of 17,34,85,827 equity shares haveing a face value…
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Source: https://www.freepressjournal.in/amp/business/sbi-mutual-fund-acquires-129076-shares-of-csb-bank

Federal Bank, IndusInd Bank, Bank of Maharashtra, Dhanlaxmi Bank, and CSB Bank posted a healthy double digit growth year-on-year (Y-o-Y) in advances in the quarter ended September 30, according to multiple exchange filing of lenders. According to the filings, IndusInd Bank and Bank of Maharashtra recorded more than 20 per cent improvement in their advances, rising to Rs 3.14 trillion and Rs 1.83 trillion, respectively, in the first quarter of FY24 compared to Q2 FY23. Click here to follow our WhatsApp channel Meanwhile, Federal Bank posted advances at Rs 1.95 trillion, which is 20 per cent higher than Rs 1.77 trillion. Dhanlaxmi Bank recorded around 13 per cent growth in advances to…
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Source: https://www.business-standard.com/amp/companies/news/indusind-federal-bank-clock-healthy-double-digit-growth-in-q2-advances-123100301207_1.html

CSB Bank expects the share of gold loans in its portfolio to range from 45% to 55% by FY25.In an interview with CNBC-TV18, Pralay Mondal, Managing Director and CEO of the bank, said after the business updates for the bank’s second quarter of FY24.He said, “We will sustain at 30% and hence our mix will remain between 45% and 50% and that will sustain till FY25. Also, we are focusing on SME and wholesale in a big way, and all of that we will start seeing from FY25 onwards and till then gold will continue to be close to 50% of our portfolio.”Discussing loan growth, Mondal stated that the bank intends to outpace the overall system’s loan growth rate, and within the core industry segment,…
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Source: https://www.cnbctv18.com/finance/csb-bank-expects-gold-loans-until-fy25-17958361.htm/amp

TL;DR.CSB Bank stock price went up today, 09 Oct 2023, by 1.39 %. The stock closed at 349.65 per share. The stock is currently trading at 354.5 per share. Investors should monitor CSB Bank stock price closely in the coming days and weeks to see how it reacts to the news.
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Source: https://mintgenie.livemint.com/amp/news/markets/csb-bank-share-price-live-blog-for-09-oct-2023-151696822292679

According to the current data, the CSB Bank stock price is trading at ₹383.2. There has been a percent change of 0.54, indicating a slight increase in the stock price. The net change in the stock price is 2.05, suggesting a positive movement in the stock.
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Source: https://mintgenie.livemint.com/amp/news/markets/csb-bank-share-price-live-blog-for-19-jan-2024-151705632866946

On the last day of trading, the open price of CSB Bank was ₹354.95 and the close price was ₹354.65. The stock reached a high of ₹358.15 and a low of ₹354.25 during the day. The market capitalization of the bank is currently at ₹6,153.54 crore. The 52-week high for the stock is ₹363.1 and the 52-week low is ₹215.05. The BSE volume for the day was 11,307 shares.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/csb-bank-share-price-live-blog-for-12-oct-2023-151697079246028

CSB Bank Stock Price TodayCSB Bank Share Price Today : On the last day of trading, CSB Bank’s share price opened at ₹385.55 and closed at ₹385.65. The stock reached a high of ₹385.55 and a low of ₹376 during the day. The market capitalization of CSB Bank is currently ₹6336.67 crore. The 52-week high for the stock is ₹421.95, while the 52-week low is ₹218. On the BSE, a total of 7863 shares of CSB Bank were traded.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/csb-bank-share-price-live-blog-for-18-jan-2024-151705545601989