Bandhan Bank reported results for third quarter ended December 31, 2022.
The Bank has reported fall of 66.17% in its net profit at Rs 290.57 crore for Q3FY23 as compared to Rs 858.97 crore for the corresponding quarter previous year. However, total income of the bank increased by 17.56% to Rs 4,840.94 crore for the quarter under review as compared to Rs 4,117.76 crore for the same quarter in the previous year.
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.