Financial shares rally on Monday: In the past one week, the BSE Financial index has outperformed the market by gaining 2.2%, as compared to 0.7% rise in the BSE Sensex.
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Fairfax-backed CSB Bank reports higher profit and strong deposit growth in Q2, with stable asset quality and improved margins
Experts attribute the trend to country's growth potential, regulatory stance
CSB Bank shares fell 8 per cent after the lender's net interest margin (NIM) narrowed in the June quarter
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The retail asset business is expected to grow significantly, driven by a structured customer acquisition strategy tailored to suit different branch formats and customer segments, CSB Bank said.