 "CSB Bank’s profit rises 179% to Rs 68.9 crore in second quarter")
CSB Bank’s profit rose by 179.8 per cent to Rs 68.9 crore in the second quarter of the current financial year, from Rs 24.6 crore in the year-ago period. Interest income rose by 24.7 per cent to Rs 470 crore from Rs 376.9 crore a year ago. The bank reported Rs 15.6 crore Covid-19 provisions during the quarter, while other provisions grew 164.9 per cent to stand at Rs 65.2 crore.
Gross NPA decreased from Rs 401 crore as of June 30 to Rs 387 crore as of September 30. Gross NPA as percentage of advances is at 3.04 per cent
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