In Q3, CSB Bank posted a 0.68 per cent rise in net profit to ₹152.67 crore, as compared to ₹151.63 crore a year ago
CSB Bank's Q3 profit inched up to Rs 153 crore, but shares fell over 16% as asset quality weakened sequentially and credit costs rose despite strong loan growth
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