CSP The bank posted a profit of Rs 156 crore in the December 2022 quarter.
Kerala-based CSP. The bank recently released its December quarter financial results. CSP The bank posted a profit of Rs 156 crore in the December 2022 quarter. This is 5 percent higher than the December 2021 quarter. In that quarter CSP The bank had made a profit of Rs.148.25 crore.
CSP in the December quarter of 2022 The bank’s net interest income (the difference between interest income and expenses) was Rs.350 crore. This is 15 percent higher than the December 2021 quarter. CSP in the December quarter of 2022 The total loan disbursed by the bank grew by 24 per cent to Rs 19,342 crore and accumulated deposits grew by 19 per cent to Rs 22,664 crore.
CSP The bank’s gross NPLs fell to 1.45 percent and net NPLs to 0.42 percent in the December 2022 quarter. At the close of trading in Mumbai Stock Exchange yesterday, CSP The bank’s share price was down 2.23 percent to Rs 245.85 from the previous trading day.