CSB Bank reported a 26% year-on-year increase in total deposits, reaching ₹45,415 crore for the quarter ended June 30, 2026. The bank's gross advances stood at ₹40,866 crore, marking a 24% rise compared to the corresponding period in the previous year. These figures are provisional and subject to a limited review by the Joint Statutory Auditors of the bank.

Deposit Composition

The growth in deposits was driven by a significant rise in term deposits, while the Current Account Savings Account (CASA) segment saw marginal growth. Term deposits increased by 33% year-on-year to ₹36,600 crore, up from ₹27,494 crore in the prior year. CASA deposits grew by 4% to ₹8,815 crore from ₹8,441 crore in the same period last year.

Asset Quality and Advances

Advances against gold and gold jewellery emerged as a key growth driver, surging 47% to ₹21,906 crore from ₹14,928 crore a year ago. This category excludes receivables secured against gold. Gross advances increased to ₹40,866 crore from ₹32,944 crore in the quarter ended June 30, 2025.

The following table summarises the bank's key financial metrics across reporting periods:

CSB Bank has approved the Employee Stock Option Scheme 2026 (ESOS 2026), proposing to grant up to 20,00,000 stock options to eligible employees. The scheme, approved by the Board of Directors on June 25, 2026, is subject to the approval of the bank's members. The approval follows the recommendation of the Nomination & Remuneration Committee (NRC) and aligns with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The ESOS 2026 aims to incentivize employees through a staggered vesting schedule. The total number of shares covered by these options will be 20,00,000 fully paid-up shares. The exercise price per option will be determined by the NRC and will not be less than the face value of the shares on the grant date. The market price is defined as the latest available closing price on a recognized stock exchange on the date immediately prior to the committee meeting where the grant is approved.

Key Details of ESOS 2026

The scheme outlines specific terms regarding vesting and exercise periods. No vesting is permitted during a statutory minimum period of one year from the grant date. Following this, vesting will occur over a staggered schedule ranging from three to ten years. The exercise period for vested options commences from the vesting date and expires after ten years or a shorter period as approved by the committee.

The NRC will act as the Compensation Committee for the supervision and administration of ESOS 2026. The bank will seek shareholder approval for the scheme in due course. The Board meeting commenced at 10:45 a.m. and concluded at 2:15 p.m. on June 25, 2026.