
Capital Small Finance Bank Limited (CSFB) has announced its key business highlights for the quarter ended December 31, 2024. The provisional figures demonstrate robust growth across its core parameters, reflecting the bank’s strong operational performance.
Key Highlights:
- Gross Advances: The bank’s gross advances reached ₹6,816 crore as of December 31, 2024, marking a 19.2% year-on-year (YoY) growth compared to ₹5,718 crore in the corresponding quarter of 2023. The portfolio remains highly secure, with 99.8% of the loans classified as secured.
- Asset Quality: Gross Non-Performing Assets (NPAs) improved to 2.67%, compared to 2.97% a year ago, showcasing the bank’s emphasis on maintaining strong asset quality.
- Total Deposits: Total deposits stood at ₹8,384 crore, up by 12.0% YoY from ₹7,482 crore in December 2023, and a quarter-on-quarter (QoQ) growth of 7.8% from ₹7,780 crore in September 2024.
- CASA Ratio: The bank reported a high CASA (Current Account Savings Account) ratio of 39.1% as of December 31, 2024, reflecting stable funding sources.
- Loan-to-Deposit Ratio: The loan-to-deposit ratio averaged 81.1% for the quarter, up from 78.4% in Q3 FY 2023-24, but slightly lower than 82.4% in the previous quarter.
- Liquidity Coverage Ratio (LCR): The average LCR stood at 239.2% for the quarter, ensuring ample liquidity.
Capital Small Finance Bank attributed its growth to prudent risk management and a consistent focus on secured lending. The bank’s improved NPA figures and stable CASA ratio underscore its resilience in a competitive financial landscape.