'Bandhan Bank has reported
42% dip in net profit at Rs 426.49 crore for the quarter ended December 2024
(Q3FY2025). The bank has posted healthy 12% growth in net interest income
(NII), while the core fee income of the bank has declined 8% in Q3FY2025. The
Net Interest Margin (NIM) of the bank slipped to 6.90% in Q3FY2025 compared to
7.20% in the corresponding quarter of previous year.
On business front, the bank as has
posted 16% growth in business with 13% increase in loan book. The asset quality
of the bank was stable in Q3FY2025. Bank has substantially reduced the credit
to deposit ratio to 92.7% at end December 2024 from 98.7% at end December 2023.
CASA ratio of the bank has declined to 31.7% at end December 2024 from 36.1% at
end December 2023.
Asset quality stable, slippages rise: The bank has maintained stable asset
quality with high provisions in Q3FY2025.
The fresh slippages of loans stood at
Rs 1620 crore in Q3FY2025 compared with...
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