Net interest income increased 21% YoY, while operating profit grew 32% YoY.
FinTech BizNews Service
Mumbai, 28 January 2026: The Board of Directors of CSB Bank took on record the financial results for the quarter (Q3 FY 2026) and nine months ended 31.12.2025 which were subject to limited review by the Statutory Auditors in their meeting held on 28.01.2026
Highlights
a) Total Deposits grew by 21% YoY from Rs33,407 crore as on 31.12.2024 to Rs40,460 crore as on 31.12.2025. The CASA ratio stood at 21% as on 31.12.2025.
b) Advance (Net) grew by 28% YoY from Rs28,639 crore as on 31.12.2024 to Rs36,677 crore as on 31.12.2025 supported by a robust growth of 46% in gold loans and 40% in Wholesale on YoY basis.
c) Net Interest Income (NII) up by 21% YoY from Rs375 crore for Q3 FY25 to Rs453 crore for Q3 FY26 and up 7% QoQ from Rs424 crore for Q2 FY26.
d) Non-Interest Income up by 26% YoY from Rs219 Crore for Q3 FY25 to Rs276 Crore for Q3 FY26.
e) Cost Income Ratio improved to 60% for Q3 FY26 compared to 63% for Q3 FY25 and 64% for Q2 FY26.
f) Operating Profit up by 32% YoY from Rs221 crore for Q3 FY25 to ₹ 292 crore for Q3 FY26 and up by 5% QoQ from Rs279 crore for Q2 FY26.
g) Profit after Tax (PAT) stood at ₹ 153 crore for Q3 FY26 as against ₹ 152 crore for Q3 FY25 . We continue to maintain the accelerated provisioning policy during this quarter as well. Return on Assets and NIM were at 1.22% and 3.86% respectively during Q3 FY26.
h) Robust Capital Structure - Capital Adequacy Ratio is at 19.41%, which is well above the regulatory requirement. CRAR as on 31.12.2024 was 21.08%.
i) Asset Quality & Provisioning – Gross non-performing assets were at 1.96% as on 31.12.2025 as against 1.81% as on 30.09.2025
Net non-performing assets were at 0.67% as on 31.12.2025 as against 0.52% as on 30.09.2025.
Performance Highlights:
(Rs Crore) | Q3 FY26 | Q3 FY25 | YoY (%) | Q2 FY26 | QoQ (%) |
Interest Income | 1,154 | 919 | 26% | 1,109 | 4% |
Interest Expense | 701 | 544 | 29% | 686 | 2% |
Net Interest Income | 453 | 375 | 21% | 424 | 7% |
Other Income | 276 | 219 | 26% | 349 | -21% |
Net Operating Income | 730 | 595 | 23% | 773 | -6% |
Total Opex | 438 | 374 | 17% | 493 | -11% |
Operating Profit | 292 | 221 | 32% | 279 | 5% |
Provisions other than Tax | 87 | 17 | 425% | 64 | 36% |
PBT | 205 | 204 | 1% | 216 | -5% |
Tax | 52 | 52 | 0% | 55 | -5% |
PAT | 153 | 152 | 1% | 160 | -5% |
Deposits | 40,460 | 33,407 | 21% | 39,651 | 2% |
Advances (Net) | 36,677 | 28,639 | 28% | 34,262 | 7% |
CASA | 8,316 | 8,042 | 3% | 8,394 | -1% |
Gold | 19,020 | 13,018 | 46% | 16,456 | 16% |
CASA% | 21% | 24% | -3% | 21% | 0% |
Pralay Mondal, MD & CEO, said: "Our growth momentum remained strong during Q3 FY 26 with a Deposit growth of 21% and a gross advance growth of 29% resulting in an overall growth of 25% in total business on a YoY basis. NII growth along with our continued efforts on strengthening the other income streams and prudent cost management, led to an improvement in operating profit by 32% over Q3 FY 25. Net Profit for the quarter stood at Rs 153 Crs. Q3 NIM was 3.86% the highest on a quarterly basis during FY 26. Our Asset quality parameters are well within the guided range though at a slightly elevated level from Q2 FY 26. This will be a key monitorable going forward and results would be hopefully visible during the current quarter itself. All other profitability, efficiency, liquidity, and capital adequacy ratios continue to be stable and in line with the expectations.
We are gearing up to start the Scale Phase from the next fiscal, where retail growth will be emerging as the crucial game changer where lot of work is happening. As part of our retail asset journey, we have largely concluded the implementation of full- fledged LMS, LOS and digital roll outs and now set to proceed with the roll out of new products. On the liability side as well, we will be leveraging the modern technology towards ensuring customer delight through seamless processes, well segmented/customised products and superior digital experience which will translate into improved customer acquisition run rate. Our endeavour will be to deliver progressive improvements every quarter reinforcing our steadfast commitment to SBS 2030 vision."
