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Hot Pursuit News

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(04 Jul 2024, 10:03)

Bandhan Bank deposits rise 22% YoY in Q1 FY25

Bandhan Bank’s total deposits rose by 22.79% to Rs 1,33,203 crore in the quarter ended 30 June 2024 from Rs 1,08,480 crore recorded in the quarter ended 30 June 2023.


The bank's total deposits were lower by 1.5% as compared with Rs 1,35,202 crore reported in the quarter ended 31 March 2024.

Bulk deposits stood at Rs 41,099 crore during the quarter, up 31.6% YoY but down 0.7% QoQ.

Retail to total deposits ratio stood at 69.1% in the quarter ended 30 June 2024 as against 71.2% recorded in the quarter ended 30 June 2023.

CASA ratio stood at 33.4% in the quarter ended June 2024 as against 36% in the quarter ended June 2023 and 37.1% in the quarter ended March 2024.

Loans & advances (on book + off book + TLTRO + PTC) incraesed by 21.8% to Rs 1,25,619 crore in the quarter ended 30 June 2024 from Rs 1,03,169 crore posted in the quarter ended 30 June 2023. On a QoQ basis, the loan book has rose by 0.7% from Rs 1,24,721 crore.

The bank's L...

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