Q1 FY'23 Disclosure: Bandhan Bank loans grew 20% to 96,649 cr
The total deposits also grew by 20 percent to Rs 93,057 crore by the end of Q1 FY23.
Q1 FY'23 Disclosure: Bandhan Bank loans grew 20% to 96,649 cr/Reuters Image
New Delhi: Bandhan Bank on Friday disclosed its Deposits, Advances, and other information for the quarter that ended June 30, 2022. According to the regulatory filing mentioned by the Bandhan Bank, the advances grew by 20 percent from a year ago to Rs 96,649 crore as of June 30.
The total deposits also grew by 20 percent to Rs 93,057 crore by the end of Q1 FY23.
The CASA Current Account Savings Account) of private lender rose by 21 percent to Rs 40,195 crore. Retail deposits (including CASA) show a rise of 15 percent to Rs 73,780 crore, mentioned.
Accordingly, the bank's Bulk Deposits stand at 44 percent to 19,278 crore.
The Loans & Advances as on June 30, 2022, are before considering write-offs. The figure shall be updated post-write-offs, if any, along with Q1, FY' 23 Financials results, the bank said.
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