Capital Small Finance Bank Limited (CSFB) has recorded a 12% year-on-year (YoY) growth in total deposits for the quarter ended December 31, 2024, reaching ₹8,384 crore. This growth is also accompanied by significant progress in loan disbursements, improved asset quality and strong liquidity metrics.
Loan advances up 19.2%: The Bank’s gross advances reached ₹6,816 crore, registering a growth of 19.2% year-on-year (YoY). Around 99.8% of the portfolio remains secured.
Asset quality remains strong: CSFB demonstrated improved asset quality, with the gross non-performing asset (NPA) ratio declining to 2.67% from 2.97% in the same quarter last year.
Deposits grew to ₹8,384 crore, registering a 12% year-on-year growth and a quarter-on-quarter (QoQ) growth of 7.8%. The current account and savings account (CASA) ratio remained stable at 39.1%, slightly lower than the 39.5% recorded last year but better than 37.1% in the previous quarter.
Efficient liquidity management: The bank’s average credit-to-deposit (CD) ratio stood at 81.1%, as against 78.4% a year ago. The liquidity coverage ratio (LCR) averaged 239.2%, reflecting the bank’s solid liquidity position and readiness to meet short-term obligations.
Company secretary and compliance officer Amit Sharma emphasised that these results are provisional, subject to a statutory audit, and pending approval by the audit committee and board of directors.
Capital Small Finance Bank shares closed 0.36% higher at ₹294 on Thursday.