Bandhan Bank has reported results for second quarter ended September 30, 2023 (Q2FY24).
The Bank has reported over 3-fold jump in its net profit at Rs 721.17 crore for the quarter under review as compared to Rs 209.27 crore for the same quarter in the previous year. Total income of the bank increased by 18.41% at Rs 5,032.19 crore for Q2FY24 as compared Rs 4,249.87 crore for the corresponding quarter previous year.
Bandhan Bank is an Indian banking and financial services bank headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance bank in 2001, received banking licence by Reserve Bank of India in 2014.
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