Bandhan Banks credit in Q3 grows 18.6% to Rs 1.16 lakh crore
Private lender Bandhan Bank reported a growth of 18.6 per cent in its loans and advances during the third quarter ending December 31 at Rs 1,15,964 crore.
Private lender Bandhan Bank reported a growth of 18.6 per cent in its loans and advances during the third quarter ending December 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 per cent 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 per cent to Rs 84,563 crore, bulk deposits grew by 5.2 per cent to Rs 32,859 crore, it added.
The total collection efficiency ratio of the bank at the end of the quarter stood at 98 per cent.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.