About CSB Bank Limited

CSB Bank Limited, headquartered in Thrissur, Kerala, is one of India’s oldest private sector banks, with a heritage dating back to 1920. Originally incorporated as The Catholic Syrian Bank Limited, it commenced operations in 1921 and has since evolved into a full-service commercial bank. Over more than a century, the Bank has built its reputation on trust, service, and innovation, steadily transforming into a modern institution while retaining its traditional values.

The Bank offers a comprehensive range of products and services catering to retail customers, MSMEs, corporates, NRIs, agricultural communities, microfinance segments, high-net-worth individuals, and digital-first customers. Its offerings span current and savings accounts, fixed deposits, personal loans, vehicle loans, housing loans, loans against property, MSME finance, gold loans, agricultural finance, and microfinance. CSB Bank also operates a strong treasury and forex business, holding a licence to deal in foreign exchange.

Technology is a cornerstone of its operations. The Bank has migrated its core banking solution to Oracle Flexcube, supported by over 50 integrated systems for risk, compliance, regulatory, and fraud management. It also uses an omnichannel platform covering retail internet and mobile banking, enabling a secure digital-first experience.

Over the years, CSB Bank has achieved several milestones: attaining scheduled commercial bank status, completing a century of service, launching its IPO and stock exchange listing, and strategic investment by Fairfax Group entity FIH Mauritius Investments Ltd., which holds a 51% stake.

CSB Bank Business Segment

The Bank’s business covers four principal verticals:

• Retail Banking – deposits, loans, and services for domestic and NRI customers.

• MSME Banking – working capital and term finance solutions.

• Corporate Banking – customised financial services for mid-sized and large corporates.

• Treasury & Forex – treasury management, trading, and foreign exchange.

CSB Bank Key Management

• Biswamohan Mahapatra – Non-Executive Independent Chairperson

• Pralay Mondal – Managing Director & CEO

• B. K. Divakara – Executive Director
  
  Pralay Mondal – Managing Director & CEO

• B. K. Divakara – Executive Director

• Satish Gundewar – Chief Financial Officer

• Sijo Varghese – Company Secretary

Latest Updates on CSB Bank Limited

• Appointment of Mr. Biswamohan Mahapatra as Non-Executive (Part-time) Chairman for a three-year term from May 2025.

• Re-appointment of Mr. Pralay Mondal as Managing Director & CEO for three years beginning September 2025.

• Appointment of BNP & Associates as Secretarial Auditors for five consecutive years from FY 2025-26 .

• Continued material related-party transactions approved with promoter FIH Mauritius Investments Ltd and its subsidiary FIH Private Investments Ltd for deposits and foreign exchange transactions, capped at Rs 5,000 crore each.

• Recognition as one of the Best BFSI Brands 2025 by ET NOW.