Bandhan Bank Report News
Bandhan Bank recently reported a 15% year-on-year growth in advances, reaching ₹1.33 lakh crore by the end of December. This increase highlights the bank’s consistent performance despite challenges in loan recovery across various asset classes.
The bank also noted a decline in its CASA (Current Account Savings Account) ratio, which dropped to 31.7% from 36.1% compared to the same period last year. This shift occurred as customers moved their savings to fixed deposits, seeking better returns.
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This update reflects Bandhan Bank’s efforts to adapt to changing customer preferences while continuing to expand its lending portfolio.
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