Shares of CSB Bank jumped over 7 percent to Rs 402 per share after the lender shared a business update on July 2 that showed strong growth in total deposits and gross advances for the June-ended quarter (Q1FY25).In the past month, shares of CSB Bank have surged over 17 percent, outperforming benchmark Nifty 50's seven percent rise during the same period.Shares of CSB Bank are still below the previ...

CSB Bank on Friday said the Reserve Bank of India (RBI) has approved the appointment of Pralay Mondal as the bank’s deputy managing director for three years.In January, MD & CEO C VR Rajendran decided to take an early retirement from the post to take care of his health, following the advice of his physicians. Rajendran will continue to lead the bank till March 31, 2022.Accordingly, CSB board ha...

Here are the top ten stocks that may be in focus on Monday:Reliance Industries: Billionaire Mukesh Ambani's company announced acquisition of New York's premium luxury hotel Mandarin Oriental for $98.15 million. Set up in 2003, Mandarin Oriental New York is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle.Tata Consultancy Servi...

Kerala-based CSB Bank on Saturday posted a net profit of Rs 42.89 crore for the March 2021 quarter as against a loss of Rs 59.68 crore in the year-ago period, largely helped by a write-back of standard asset provisioning and improvement in core income.The bank’s profit for full financial year 2020-21 zoomed to Rs 218 crore, from Rs 12 crore a year ago.For the reporting quarter, its core net inte...