CSB Bank Limited has successfully completed its dematerialization process for the quarter ended March 31, 2026, fulfilling its regulatory obligations under SEBI guidelines. The bank issued its compliance certificate to both National Securities Depository Limited and Central Depository Services (India) Limited on April 6, 2026.

Regulatory Compliance Certificate

The bank's Company Secretary, Sijo Varghese, issued the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate confirms that all valid securities certificates received for dematerialization during the quarter have been processed according to regulatory requirements.

Registrar Confirmation

MUFG Intime India Pvt. Ltd., formerly Link Intime India Private Limited, serves as the registrar to issue and share transfer agent for CSB Bank. The registrar provided confirmation on April 3, 2026, validating the proper handling of dematerialization requests during the quarter.

The registrar confirmed that:

• Securities received from depository participants were properly confirmed to depositories
• All security certificates were mutilated and cancelled after due verification
• Depositories have been substituted as registered owners within prescribed timelines
• Securities are listed on stock exchanges where earlier issued securities are listed

Stock Exchange Notifications

CSB Bank has notified both major stock exchanges about the completion of the dematerialization process:

Process Verification

The dematerialization process involved comprehensive verification procedures to ensure regulatory compliance. All valid certificates received during the quarter were processed within stipulated periods, with proper documentation maintained for regulatory records.

MUFG Intime India's Senior Vice President-Corporate Registry, Ashok Shetty, signed the confirmation certificate, validating the registrar's role in the dematerialization process. The registrar operates from its registered address in Mumbai and maintains comprehensive records of all dematerialization activities.

Regulatory Framework

The certificate issuance aligns with SEBI's regulatory framework for depositories and participants, ensuring transparency in securities dematerialization processes. The quarterly certification requirement helps maintain investor confidence and regulatory oversight in the securities market infrastructure.

CSB Bank Limited has reported strong business growth for the financial year ended March 31, 2026, demonstrating robust performance across key banking parameters. The bank's total deposits reached ₹44,246 crore (442.46 billion rupees), representing a significant 20% year-on-year growth from ₹36,861 crore (368.61 billion rupees) in the previous financial year.

Deposit Portfolio Performance

The bank's deposit portfolio showed mixed performance across different categories. While total deposits grew substantially, the composition revealed varying trends in customer preferences and banking strategies.

Term deposits emerged as the primary growth driver, increasing by 27% to ₹35,414 crore from ₹27,943 crore in the previous year. However, CASA (Current Account Savings Account) deposits experienced a marginal decline of 1%, dropping to ₹8,832 crore from ₹8,918 crore.

Lending Business Expansion

The bank's lending portfolio demonstrated exceptional growth, particularly in specialized segments. Gross advances increased by 27% year-on-year, reaching ₹40,364 crore (403.64 billion rupees) compared to ₹31,842 crore (318.42 billion rupees) in the previous financial year.

The most notable performance came from advances against gold and gold jewellery, which surged by 53% to ₹21,567 crore from ₹14,094 crore. This category excludes receivables secured against gold, highlighting the bank's focused approach to gold-backed lending products.

Quarterly Progression

The bank's performance showed consistent momentum throughout the financial year. By December 31, 2025, total deposits had reached ₹40,460 crore, indicating steady growth trajectory leading to the year-end figures. Similarly, gross advances stood at ₹37,161 crore in December 2025, demonstrating sustained lending activity.

Regulatory Compliance

CSB Bank submitted these business updates in compliance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank also adhered to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under SEBI regulations. The reported figures are provisional and subject to audit by the bank's Joint Statutory Auditors, ensuring transparency and regulatory compliance in financial reporting.