CSB Bank shares plunge 14% on flat Q3 PAT, deterioration in asset quality. Here's what management said

CSB Bank shares tumbled 14% on Wednesday after the lender reported a flat Q3 profit and a sequential rise in gross and net NPAs. While NII and operating profit saw strong double-digit growth, asset-quality pressures weighed on sentiment. Management said overall business momentum remains strong, with improvements expected in the current quarter.