Bandhan Bank’s loans and advances grew by 23 percent year-on-year to Rs 80,255 crore during the third quarter of the current fiscal (Q3FY21). The advances were at Rs 65,456 crore in the year-ago period.
Total deposits during the quarter increased by 30 percent to Rs 71,188 crore as against Rs 54,908 crore in the corresponding period last year. CASA (current account, savings account) deposits of the Kolkata-headquartered bank during the third quarter of the current financial year grew by 62 percent year-on-year to Rs 30,504 crore.
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.
