Bandhan Bank loans, advances rise 22% to ₹99,374 cr. in September quarter of FY23
The Hindu
New Delhi
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.
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