Bandhan Bank’s total deposits grew 12.2% to around Rs 1,08,069 crore as of March 31, 2023 (Q4FY23), as compared to Rs 96,331 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 1,02,283 crore as of December 2022. Loans & Advances stood at around Rs 1,09,112 crore as of March 31, 2023, posting a 9.8% rise in year-on-year (YoY) terms against Rs 99,338 crore as of March 31, 2022 and on quarter-on-quarter (QoQ) basis stood at Rs 97,787 crore in December 2022.
The CASA deposits were up 6.0% to around Rs 42,471 crore as of March 31, 2023 against Rs 40,079 crore YoY. CASA ratio reached 39.3% (Q4FY23) from 36.4% (Q3FY23).
Bandhan Bank is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.
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