Bandhan Bank's Credit In Q3 Grows 18.6% To Rs 1.16 Lakh Crore

In a regulatory filing on Thursday, the Kolkata-based bank said the figure stood at Rs 97,787 crore during the year-ago period.

PTI

A Bandhan Bank branch and ATM in Kolkata. (Source: Bank's website)

Private lender Bandhan Bank reported a growth of 18.6% in its loans and advances during the third quarter ending Dec 31 at Rs 1,15,964 crore.

In a regulatory filing on Thursday, the Kolkata-based bank said the figure stood at Rs 97,787 crore during the year-ago period.

Total deposits increased 14.8% to Rs 1,17,422 crore during the quarter under review, it said.

While retail deposits, including CASA (current account savings account), rose by 19% to Rs 84,563 crore, bulk deposits grew by 5.2% to Rs 32,859 crore, it added.

The total collection efficiency ratio of the bank at the end of the quarter stood at 98%.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google