CSB Bank Management Change
CSB Bank Limited has appointed Mr. Anish Thurthi as an Additional Director (Non-Executive Non-Independent) effective September 25, 2026. The Board also approved the reconstitution of various sub-committees.
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CSB Bank Limited has appointed Mr. Anish Thurthi as an Additional Director (Non-Executive Non-Independent) effective September 25, 2026. The Board also approved the reconstitution of various sub-committees.
CSB Bank clarified it has no information about a media report linking Fairfax, IIFL, and IDBI Bank. The bank denied any involvement in the referenced negotiations.
The RBI has granted approval to ICICI Prudential Asset Management Company Limited to acquire up to 9.95% stake in CSB Bank Limited.
CSB Bank Limited has informed the exchanges that it has been assigned an 'ESG 72' rating by Crisil ESG Ratings & Analytics Limited on an independent basis.
CSB Bank announced that Mr. Sumit Maheshwari ceased to be a Non-Executive Non-Independent Director upon completion of his tenure, effective September 2, 2026.
CSB Bank reported Q1 FY2027 net profit of ₹150 Cr, up 27% YoY. Strategy focuses on diversifying from gold loans toward a holistic franchise through technology-led retail scaling.
CSB Bank reported Q1-FY27 PAT of ₹150 Cr (+27% YoY) with total income at ₹1,516 Cr (+18% YoY). Strategy 'SBS 2030' focuses on transitioning to a full-service mid-sized private bank by 2030.
CSB Bank Ltd reported revenue from operations of ₹1,287 Cr (+23.7% YoY) and net profit of ₹150 Cr (+26.5% YoY) for Q1 FY27.