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14th March 2016, 01:54 PM
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Join Date: May 2012
Re: Catholic Syrian Bank Net Profit

Private Sector Lender Catholic Syrian Bank (CSB) has Filed for an Initial Public Offer (IPO) to Raise about Rs 400 crore.

CSB is one of Three Commercial Banks in the Country which is not listed.

The Thrissur-based lender is raising funds to boost capital and business growth reported a net loss of Rs 18 crore during the half-year period ended September 30. The lender had reported gross non-performing assets of 5.56 per cent of gross advances and net non-performing assets of 3.76 per cent, as on end-September.


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