Bandhan Bank has reported results for the first quarter ended June 30, 2020.
The bank has reported 31.58% fall in its net profit of Rs 549.82 crore for the quarter under review as against Rs 803.62 crore for the same quarter in the previous year. However, total income of the bank increased by 14.94% at Rs 3,404.84 crore for Q1FY21 as compared Rs 2,962.33 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the April-June quarter of the current fiscal improved to 1.43%, as compared to 1.70% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.48% in Q1FY21.
