CSB Bank on Wednesday (13 May) said its total deposits rose 4.41% to Rs 15,790.66 crore (provisional) in Q4 March 2020 over Q4 March 2019.
Out of the total deposits, CASA deposits grew 9.40% to Rs 4606.58 crore and term deposits rose 4.30% to Rs 11,184.08 crore year-on-year (YoY) during the quarter.
Advances against gold & gold jewellery jumped 28.54% to Rs 3790.11 crore in Q4 March 2020 over Q4 March 2019. Gross advances were up 6% to Rs 11,558.9 crore. Liquidity coverage ratio stood at 245% as compared to 214.80% during the same period last year.
Shares of CSB Bank fell 0.25% to Rs 119.30 on BSE. The stock hovered in the range of Rs 117.40 to Rs 120.60 so far.
On the technical front, the stock's RSI (relative strength index) stood at 49.826. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading between its 50-day moving average (DMA) placed at 123.37 and its 200-day moving average (DMA) placed at 92.86.
CSB Bank is an Indian private sector bank with its headquarters at Kerala, India.
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