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.
The Thane police have arrested two co-founders of cryptocurrency exchange platform CoinDCX in connection with an alleged fraud of Rs 71.6 lakh, officials said
Meta Chief Executive Mark Zuckerberg is building a CEO agent to help him do his job, the Wall Street Journal reported
Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
L&T confirms 95% of its West Asia project sites are safe, while addressing logistics challenges amid ongoing regional conflicts.
Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
HDFC Bank terminates three senior officials over client onboarding issues at its DIFC branch amid ethical concerns following chairman's resignation.
Air India CEO warns of potential flight cuts and reduced travel demand due to rising fuel costs amid ongoing Gulf conflict.
Options are widely used by retail traders to speculate on the value of the stock for immediate gains and such behaviour in large scale can distort the market
India achieves 1 billion tonne coal production for the second consecutive year, ensuring stable energy supply and economic growth.
Generic drugmakers in India launch affordable Semaglutide versions, targeting a $1 billion diabetes and weight loss market.