CSB Bank Limited

rs,

SEC/354/2023 October 20, 2023 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001. Scrip code: 542867 Dear Sir/Madam, National Stock Exchange of Ind

Rs 265.39

their meeting held on 20.10.2023 Highlights a) Profit after Tax : Bank recorded a net profit of Rs 265.39 Cr during the half year ended 30th September 2023 as against Rs 235.07 Cr during the corresponding

Rs 235.07

nk recorded a net profit of Rs 265.39 Cr during the half year ended 30th September 2023 as against Rs 235.07 Cr during the corresponding period last year at a growth of 13%. Net profit during the current quar

13%

th September 2023 as against Rs 235.07 Cr during the corresponding period last year at a growth of 13%. Net profit during the current quarter was higher by 10% over Q2 FY23. Bank continued its accelera

10%

esponding period last year at a growth of 13%. Net profit during the current quarter was higher by 10% over Q2 FY23. Bank continued its accelerated loan provisioning policy during this quarter as well.

1.76%

accelerated loan provisioning policy during this quarter as well. Bank registered a healthy RoA of 1.76% for H1 and 1.73% for Q2 of FY 24. b) Operating Profit of the bank for the half year ending 30th

1.73%

provisioning policy during this quarter as well. Bank registered a healthy RoA of 1.76% for H1 and 1.73% for Q2 of FY 24. b) Operating Profit of the bank for the half year ending 30th September 2023 is

Rs 356.06

r Q2 of FY 24. b) Operating Profit of the bank for the half year ending 30th September 2023 is at Rs 356.06 Crs which is higher by 14% compared to H1 FY 23 c) Net Interest Income (NII) for H1FY24 stood at

14%

t of the bank for the half year ending 30th September 2023 is at Rs 356.06 Crs which is higher by 14% compared to H1 FY 23 c) Net Interest Income (NII) for H1FY24 stood at Rs 707.71 Cr posting an inc

Rs 707.71

rs which is higher by 14% compared to H1 FY 23 c) Net Interest Income (NII) for H1FY24 stood at Rs 707.71 Cr posting an increase of 11% over H1 FY 23. In Q2 FY 24, the NII stood at Rs 343.70 Cr as against

11%

to H1 FY 23 c) Net Interest Income (NII) for H1FY24 stood at Rs 707.71 Cr posting an increase of 11% over H1 FY 23. In Q2 FY 24, the NII stood at Rs 343.70 Cr as against Rs 324.97 Cr in Q2 FY 23 or

Rs 343.70

Y24 stood at Rs 707.71 Cr posting an increase of 11% over H1 FY 23. In Q2 FY 24, the NII stood at Rs 343.70 Cr as against Rs 324.97 Cr in Q2 FY 23 or by 6 %. d) Non-Interest Income: The enhanced focus on ot

“Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection.”

Performance Highlights

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CEO Speak

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About CSB Bank Limited

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Safe Harbour

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Performance Highlights

(Rs Crore) Q2FY24 Q2FY23 Inc/Dec% Q1FY24 687.35 343.65 343.70 5.78 555.18 230.21 324.97 -21.37 24% 49% 6% 683.49 319.48 364.01 12.18 142.67 66.31 115% 109.36 30% QoQ % Growth 1% 8% -6% 6M FY 24 6M FY 23 Inc/Dec% 1,370.84 1,091.11 663.13 707.71 17.97 252.03 455.45 635.66 -11.45 111.23 26% 46% 11% 127% 148.45 44.94 230% 121.55 22% 270.00 99.79 171% 492.15 175.74 141.78 317.53 174.63 -8.28 4.95 -3.33 369.91 126.90 85.64 212.55 157.36 -8.69 4.95 -3.73 177.96 161.09 44.79 133.17 25,438 22,256 7,448 10,619 40.54 120.55 20,987 17,468 7,193 8,029 29.28% 34.27% 33% 38% 66% 49% 11% 10% 10% 10% 21% 27% 4% 32% -5% 485.56 176.15 127.97 304.13 181.43 3.71 1.03 4.73 176.70 44.47 132.23 24,476 21,104 7,548 10,065 30.84% 1% 0% 11% 4% -4% 1% 1% 1% 4% 5% -1% 6% -2% 977.71 351.90 269.76 621.65 356.06 -4.57 5.97 1.41 354.65 89.26 265.39 25,438 22,256 7,448 10,619 29.28% 735.45 247.87 175.50 423.37 312.08 -9.87 7.81 -2.05 314.13 79.06 235.07 20,987 17,468 7,193 8,029 34.27% 33% 42% 54% 47% 14% 13% 13% 13% 2

CEO Speak

Speaking about the performance Mr. Pralay Mondal, Managing Director & CEO said, “consistent performance and improvement quarter over quarter gives comfort in pursuing the larger vision of SBS 2030 with lot more confidence. We could register a net profit of Rs 265 Crs for the half year ended 30.09.23; up by 13% YoY. NII registered a robust growth of 11% and non-interest income by 171%. On the topline, our total business grew by 24% supported by the deposit growth of 21% and net advance growth of 27%. Gold loan portfolio registered a YoY growth of 32%. The key ratios like NIM, CRAR, RoA etc continues to be strong. Our asset quality ratios are stable and better compared to Q2 FY 23. We are now taking rapid strides in strengthening the building blocks that will help us in leveraging our full- service banking licence and build a 360-degree PAN India franchise across Wholesale, SME, Retail and Gold Loan Businesses. Our primary focus is to build a solid liability franchise by acquiring qualit

About CSB Bank Limited

We are one of the oldest private sector banks in India with an existence of over 100 years. While our Bank has a long operating history as a traditional bank, we are currently focusing on implementing strategic changes in business model to function efficiently like a full service new age private sector bank. We have a strong base in Kerala along with significant presence in Tamil Nadu, Maharashtra, Karnataka and Andhra Pradesh. We offer a wide range of products and services to our overall customer base of 2.1 million, with particular focus on SME, Retail, and NRI customers. We deliver our products and services through multiple channels, including 734 branches (excluding service branches and asset recovery branches) and 546 ATMs/CRMs spread across the country and various alternate channels such as micro ATMs, debit cards, internet banking, mobile banking, point of sale services and UPI. CSB Bank is listed on both NSE and BSE. For further details, please visit www.csb.co.in

Safe Harbour

Some of the statements in this document that are not historical facts; are forward-looking statements. These forward- looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, cur

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Smt Sreelatha M, Head – Strategy & Planning Dept CSB Bank Limited Contact: 0487 6619203 Email : msreelatha@csb.co.in Thrissur 20.10.2023 CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. CIN: L65191KL1920PLC000175 | Phone: 0487-2336461 / 6619228 | E-mail: board@csb.co.in | www.csb.co.in Q2-FY24 I September 2023 Company Overview Business Overview Earnings Digital Penetration Strategy *734 Branches and 546 ATM/CRMs 100 Years+ Happy Customers Presence in 16 States and 4 UTs Business 7 Bancassurance Tie ups with Industry Leaders A Century Young Organization *as on date Branches/ATMs 2.1 Million+ Happy Customers Total Business Crossed Rs 47,900 Cr Network Banca Tie-Ups CSB Bank Investor Presentation Q2 FY24 2 Company Overview Business Overview Earnings Digital Penetration Strategy Profitability PAT Rs 133 Cr ↑ 29% QoQ ↑ 5% YoY ↑ 10% YoY NII Rs. 344 Cr ↑8% QoQ ↑ 15% YoY ↑ 6% YoY RoA* 1.73 % ↑8% QoQ ↑ 15% YoY ↓ 14 bps YoY NIM 4.84 % ↓ 76 bps