Initial Disclosure: Bandhan Bank's Sharp Growth in Q2 FY22

New Delhi: An Indian banking and financial services company, Bandhan Bank showed the effective collection for the month of September. The total deposits showed an increase of 6% (QoQ) and 24% (YoY).

The Bank has shown the Bank's Deposits, Advances, and other information for the quarter/half year ended September 30, 2021, in accordance with SEBI Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015.

 

The Bank's collection efficiency for the month of September 2021 was 90% Excluding arrears, including NPA customers. The Loans & Advances (On book + Off Boom + TLTRO + PTC) in September 30, 2020 was 76,615, in June 30, 2021 it increases to 80,357 and in September 30, 2021 it reached 81,668 which is the 7% (YoY) and 2% QoQ).

 

Particulars	Sept. 30, 2020	June 30, 2021	Sept. 30, 2021(Approximate)	YoY (%)	QoQ (%)
Loans & Advances (On book + Off Boom + TLTRO + PTC	76,615	80,357	81,668*	7%	2%
Total Deposits	66,128	77,336	81,898	24%	6%
CASA Deposits	25,279	63,911	36,548	45%	10%
Retails Deposits (including CASA)	50,865	63,911	68,787	35%	8%
Bulk Deposits	15,263	13,425	13,111	-14%	-2%
Retails to Total Deposits (%)	77%	83%	84%
CASA ratio (%)	38.2%	42.9%	44.6%

*Loans & Advances as on September 30, 2021, are before considering write-offs if any. The figure shall be
updated post-write-offs along with Q2 FY2021-22 Financials results.

As the above-mentioned details as on September 30, 2021, are provisional unaudited numbers and is subject to review/ examine by the Audit Committee and Board of Directors and are also subject to limited review by the Statutory Auditors of the Bank, Bank mentioned in the release. 

Read Also : Over 1000 RINL employees took out a rally for non-transportation of RINL’s most essential raw material