New Delhi, Jan 3 (PTI) Gross advances of CSB Bank grew 11.55 per cent to Rs 14,827.10 crore in the quarter ended December 31, 2021, according to the lender's provisional data released on Monday.

In the corresponding quarter a year ago, the private sector bank had reported gross advances worth Rs 13,291.39 crore.

Also Read | Mumbai COVID-19 Restrictions: Schools To Remain Shut Till January 31 for Classes 1 to 9 and 11.

Even as the gross advances were up nearly 12 per cent during the December 2021 quarter, the advances against gold and gold jewellery were down by 1.67 per cent to Rs 5,539.77 crore as per the provisional data, CSB Bank said in a regulatory filing.

The south-based lender had gold and gold jewellery advances of Rs 5,633.75 crore in the December 2020 quarter.

Also Read | Lakhimpur Kheri Violence: SIT Files Chargesheet Against 14 Accused Including Union Minister Ajay Mishra’s Son Ashish Mishra .

On the other hand, the total deposits (provisional) were up by 7.34 per cent in the reported quarter to Rs 19,056.01 crore, against Rs 17,752.98 crore in the year-ago period.

CSB Bank said the data is provisional and subject to a limited review by the joint statutory auditors of the bank.

Shares of CSB Bank on Monday closed at Rs 237.50 apiece on the BSE, up 0.93 per cent from the previous close. HRS hrs

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)