Chennai, Oct 30:
Bandhan Bank’s total business grew by over 11 per cent year-on-year to cross Rs 3.3 lakh crore in the second quarter of FY27, with net profit standing at Rs 622 crore.
The bank’s advances rose 13.1 per cent to Rs 1.58 lakh crore, while deposits increased 9.2 per cent to Rs 1.73 lakh crore. Retail deposits accounted for nearly 73 per cent of total deposits, and the CASA ratio stood at 26.7 per cent. Its capital adequacy ratio was 18.3 per cent.
MD and CEO Partha Pratim Sengupta said the bank would focus on deposit mobilisation, asset quality, portfolio diversification and digitalisation to sustain growth and improve profitability. The bank serves around 3.2 crore customers through more than 6,400 banking outlets across 35 States and Union Territories, with a workforce of over 75,000.