The Catholic Syrian Bank (CSB) is an private sector bank with its headquarters at Thrissur, Kerala. The bank commenced business in 1921. The bank has a network of over 430 branches and more than 240 ATMs across India. The bank also plans to open more number of branches in a phased manner.
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On 12 January 2016, CSB had allotted 55 lakh shares at Rs 100/ per share to four investors, being the first allotment under Pre-IPO Placement. On 3 February 2016, the Bank had allotted 48 lakh shares at Rs 100 share to five investors, being the second allotment under Pre-IPO Placement. On 18 February 2016, the Bank had allotted 10.70 lakh shares at Rs 100 per share to three investors, being the third and final allotment under Pre-IPO Placement.