CSB Bank shares jumped 6.65% to ₹334.90 during early trade on January 2, 2025, after the bank’s Q3FY25 business update showcased impressive growth. The private sector lender reported a 26.45% YoY surge in gross advances, which reached ₹28,914 crore, compared to ₹22,867 crore in Q3FY24. Deposits also saw robust growth, rising 22.17% YoY to ₹33,406 crore. The bank’s CASA deposits increased by 5.69% YoY to ₹8,041 crore, while term deposits surged 28.10% to ₹25,365 crore. CSB Bank’s gold loan business performed exceptionally well, expanding 36.28% to ₹13,018 crore from ₹9,553 crore a year ago. Following the announcement, CSB Bank shares opened higher at ₹330. Despite the strong Q3 update, CSB Bank shares ended 2024 on a weaker note, declining 25% for the year. However, the stock has delivered a 50% return over the last five years, underperforming the Sensex, which gained 90% over the same period. Investors are optimistic that the latest results signal a turning point for the bank’s growth trajectory.