Bandhan Bank shows strong growth in deposits and Advances for June
Bandhan Bank reported significant growth with loans & advances reaching Rs 1,25,619 crore in June 2024, a 21.8 per cent year-on-year increase from June 2023's Rs 1,03,169 crore. Total deposits grew 22.8 per cent to Rs 1,33,203 crore, up from Rs 1,08,480 crore in June 2023. CASA deposits climbed by 13.8 per cent to Rs 44,453 crore while bulk deposits increased 31.6 per cent to Rs 41,099 crore. The retail to total deposits ratio fell from 71.2 per cent in June 2023 to 69.1 per cent in June 2024, and the CASA Ratio decreased from 36.0 per cent to 33.4 per cent.
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