CSB Bank reports strong Q2 FY26 performance, appoints new director

CSB Bank announced strong financial results for the quarter and half year ended September 30, 2025. Key performance highlights for Q2 FY26 include a 27% year-over-year increase in balance sheet size to ₹50,021 crore, gross advances rising 29% to ₹34,712 crore, and deposits growing 25% to ₹39,651 crore. Total income reached ₹1,458 crore (up 37%), with net interest income at ₹424 crore (up 15%) and profit after tax at ₹160 crore (up 16%). The bank maintained a capital adequacy ratio of 20.99% and a net NPA of 0.52%.

The board also approved the appointment of Ms. Sheetal Rupesh Sancheti as an additional director (non-executive non-independent), effective November 5, 2025. Ms. Sancheti, a chartered accountant with over 20 years of experience in private equity, banking, and audit, is nominated by FIH Mauritius Investments Ltd. Her appointment is part of the ongoing reconstitution of board committees, effective November 6, 2025, where she will serve as a newly inducted member on the audit, risk management, and stakeholders relationship committees.

The bank's robust network shows 838 branches as of September 2025, with significant presences in Kerala, Tamil Nadu, and Maharashtra. Digital penetration metrics indicate over 6.40 lakh mobile banking users, over 6.40 lakh net banking users, and over 673 lakh digital transactions for H1 FY26, highlighting the bank's focus on technology transformation and enhanced customer service.