Strong Q2 for CSB :
Credit growth 23.6%
CASA growth 15.9%,
Total Deposit growth 10.1%
Gold loan growth 47.5%
With 45% of book in gold loan and strong growth, NIM may move up. Management indicated that gold loan yield is going up. Non gold portfolio is close to double digit.
Link: https://www.bseindia.com/xml-data/corpfiling/AttachLive/a9c49301-31f6-4f94-b56b-8529c67b07cb.pdf
Bank informed in last quarter that it has high CAR, negative credit cost and almost 100% PCR.
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