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CSB Bank (formerly The Catholic Syrian Bank Ltd) is engaged in the business of banking Services ,oldest private sector banks in India with a history of over 98 years, and a strong base in Kerala , Bank focus on SME, retail, and NRI customers.(Source : Company Web-site )
CSB Bank revamped its key Board Committees, including Audit and CSR. This involved inducting new independent members and appointing a new chairperson for the CSR Committee, signaling a governance update.
CSB Bank released its FY25-26 BRSR, highlighting improved environmental metrics with reduced energy consumption, GHG emissions, and waste intensity. The bank maintains strong employee welfare, accessible services, and robust digital security. Significant CSR initiatives benefited approximately 26,500 vulnerable individuals, while customer complaints were handled efficiently with zero data breaches.
CSB Bank granted 61,565 stock options to an eligible employee at an exercise price of Rs. 370 per share. This move incentivizes employees and could lead to minor future equity dilution.
CSB Bank's Q1 provisional business updates show robust growth. Total Deposits climbed 26% YoY to ₹45,415 Cr, and Gross Advances increased 24% to ₹40,866 Cr. Gold advances surged 47%, while CASA grew 4%. Strong operational performance.
CSB Bank Limited has informed the Exchange regarding 'Intimation under Regulation 3(3) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Amendment to the Trust Deed of the CSB ESOS Trust'.