Bandhan Bank has reported results for third quarter ended December 31, 2021.
The bank has reported a rise of 35.79% in its net profit at Rs 8589.70 crore for the quarter under review as compared to Rs 6325.92 crore for the same quarter in the previous year. Total income of the bank increased by 6.48% at Rs 41,209.49 crore for Q3FY22 as compared Rs 38,701.68 crore for the corresponding quarter previous year.
The bank’s gross Non Performing Asset (NPA) to gross advances for the October-December quarter of the current fiscal increased to 10.81%, as compared to 1.11% in the same quarter of the previous year. Besides, bank’s net NPA to net advances stood at 3.01% in Q3FY22.
