Bandhan Bank on Saturday reported a 22% jump in loans and advances at ₹99,374 crore at end of September quarter 2022.
The bank’s loans and advances were ₹81,661 crore in the year-earlier period.
Total deposits of the private sector lender rose by 21% to ₹99,365 crore at end of September quarter 2022, as against ₹81,898 crore a year earlier.
Of this, retail deposits were of ₹73,660 crore, which was higher by 7% from ₹68,787 crore the year earlier.
The retail deposit includes current account and savings account (CASA) of ₹40,509 crore, up by 11% from a year earlier.
CASA ratio was at 40.8% as of September 30, 2022.
Bank’s retail deposit formed 74% of the total deposits.
Bandhan Bank said its pan India collection efficiency, excluding non-performing assets and including restructured customers, was 97%, up from 96% at the end of June 2022 quarter.
The lender said the numbers mentioned as on September 30, 2022 are provisional unaudited numbers and are subject to review /examination by the Audit Committee and board of directors.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Education News Click Here
For the latest news and updates, follow us on Google News.
