Bandhan Bank has reported 20% year-on-year growth in its loans and advances at Rs 76,724 crore in September quarter 2020 (Q2 FY21) from Rs 64,186 crore in September quarter 2019 (Q2 FY20). Total deposits jumped 34% to Rs 66,153 crore in Q2 FY21 from Rs 49,195 crore in Q2 FY20. The retail to total deposits ratio was at 77% as on September 30, 2020 as against 78% as on September 30, 2019.
CASA deposits in Q2 FY21 stood at Rs 25,279 crore, up by 56% from Rs 16,186 crore recorded in the same period last year. CASA ratio was at 38.2% as on September 30, 2020 as against 32.9% as on September 20, 2019.
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.