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.
This update reflects Bandhan Bank’s efforts to adapt to changing customer preferences while continuing to expand its lending portfolio.
Read More at sharepricenews.com
I’m Rahul Chaudhary, and I write about everything related to the Share Market. From Stock Trends and Share Prices to the Latest News and IPO Updates, my articles aim to provide you with valuable insights to help you navigate the world of investing. Stay tuned for expert tips and updates to keep you informed!
