Bandhan Bank has reported a growth of 18.6 per cent in its loans and advances during the third quarter ending December 31, 2023 (Q3) at Rs 1,15,964 crore as against Rs 97,787 crore during the year-ago period. Total deposits increased 14.8 per cent to Rs 1,17,422 crore during the quarter under review.
While retail deposits, including CASA (current account savings account), rose by 19 per cent to Rs 84,563 crore, bulk deposits grew by 5.2 per cent to Rs 32,859 crore. The total collection efficiency ratio of the bank at the end of the quarter stood at 98 per cent.
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.
| Company Name | CMP |
|---|---|
| HDFC Bank | 781.20 |
| ICICI Bank | 1264.80 |
| Axis Bank | 1269.40 |
| Kotak Mahindra Bank | 380.75 |
| Indusind Bank | 949.85 |
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