India's CSB Bank falls on Q1 profit drop

CSB Bank

29/07/2024 10:42

** Shares of CSB Bank  CSBB.NS  fall 3.6% to 345.20 rupees,
set for worst day in nearly 2 months
    ** The bank's June-qtr net profit falls 14% to 1.13 billion
rupees ($13.5 million) 
    ** More than 1.2 mln shares change hands, over two times the
30-day avg 
    ** Stock down ~17% YTD, had gained ~76% in 2023 

($1 = 83.7194 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))