CSB Bank Q3 profit stays flat at Rs 153 crore amid higher slippages
Fairfax-backed CSB Bank reported a third quarter net profit of Rs 153 crore, flat from the year-ago period’s Rs 152 crore, owing to sharply higher provisions, following a nearly three times high slippages at Rs 197 crore. The net profit was lower than the preceding quarter’s Rs 160 crore. The bank’s share price nosedived 25%…